CBK and MOCI sign a Memorandum of Understanding

The Central Bank of Kuwait (CBK) announced that it had signed a Memorandum of Understanding (MoU) with the Ministry of Commerce and Industry on July 2nd, 2019. The MoU concerns coordination and cooperation on determining each party’s scope of competence when it comes to supervising and regulating some activities of CBK-regulated entities.

Source: Ministry of Central Bank