Central Bank Urges Reporting of Unlicensed Financial Activities
Press coverage 1 newspapers covered this event: Al-Rai →
The Central Bank of Kuwait has urged reporting of unlicensed financial activities to protect funds and ensure economic stability.
Translated by Qiyas from الراي — Original source
The Central Bank of Kuwait has called for cooperation and the reporting of any information related to individuals or entities engaging in unlicensed financial activities, warning that such practices may pose a risk to funds and the stability of the country’s economy, and expose participants to financial risks.
The bank clarified on its X (formerly Twitter) account that the activities subject to reporting include money transfers, financial financing, and unlicensed electronic payment links.
The Central Bank urged reporting of these activities via phone at 22972999 or by email at [email protected], emphasizing the importance of cooperation in combating unlicensed financial activities and contributing to ensuring a secure financial environment.
