Central Bank urges reporting of unlicensed financial activities
Press coverage 2 newspapers covered this event: Al-Rai · Al-Qabas →
The Central Bank of Kuwait has called for reporting unlicensed financial activities to ensure financial stability.
Translated by Qiyas from القبس — Original source
The Central Bank of Kuwait has called for cooperation and the reporting of any information related to individuals or entities conducting financial activities without its authorization, warning that such practices may pose a risk to funds and the stability of the state’s economy, and expose participants to financial risks. The bank clarified on its X (formerly Twitter) account that the activities requiring reporting include money transfers, provision of financial financing, and unlicensed electronic payment links. The Central Bank urged the public to report such activities by calling 22972999 or emailing Unlicensed@cbk.gov.kw, emphasizing the importance of cooperation in combating unlicensed financial activities and contributing to ensuring a secure financial environment.
