Kuwait Compliance Institute was notified earlier today by the Department of Anti-Money Laundering & Combatting Financing of Terrorism at the Ministry of Trade and Industry that it has accredited to train the compliance officers and employees of the entities regulated by the Ministry. Kuwait Compliance Institute was also accredited by the Civil Service Commission last December.
As per the stipulations Anti-Money Laundering & Terrorist Financing Law No. 106 Of 2013, the Ministry of Commerce & Industry regulates insurance companies, dealers and intermediaries, money exchange establishments, real estate brokers, precious metals and stones dealers and accountants.
This accreditation observes Ministerial Resolution No. 188 of 2020 on training courses for entities subject to the regulation of the Ministry of Commerce & Industry; an important step in strengthening the Ministry’s control and ensuring compliance with the requirements of the Law in question.
Kuwait Compliance Co. Media Relations
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