This law provides the foundation for the State of Kuwait's financial and banking systems. It outlines the regulatory authority and responsibilities of the Central Bank of Kuwait, including currency issuance, supervision of banking institutions, and regulation of financial entities like finance companies, investment companies, and e-payment providers. Key provisions were later amended, such as those introduced under Decree Law No. (130) of 1977. The law aims to maintain monetary stability and support economic development in Kuwait. The official text is only available in Arabic, with an English translation provided for reference by CBK.
CBK Law — Law No. (32) of 1968 Concerning Currency, The Central Bank of Kuwait and The Regulation of Banking
Law No. (32) of 1968 establishes the legal framework for the establishment and operation of the Central Bank of Kuwait (CBK) and governs currency issuance, banking regulations, and financial supervision within Kuwait. It includes amendments to address evolving economic and regulatory needs.
Related in GRC
National Greenhouse and Energy Reporting Act 2007
The National Greenhouse and Energy Reporting Act 2007 establishes a national framework for corporations to report their greenhouse gas emissions, energy production, and energy consumption. It aims to improve data transparency and inform government policy on climate change.
- Issuer
- Australian Government
- Jurisdiction
- Australia
- Updated
- Sep 2021
Fair Work Regulations 2009
The Fair Work Regulations 2009 provide detailed legislative backing to the Fair Work Act 2009, outlining the operational rules and requirements for employment relationships, industrial agreements, and workplace standards in Australia. It includes rules on employer obligations, employee protections, and compliance mechanisms.
- Issuer
- Department of Employment and Workplace Relations (DEWR)
- Jurisdiction
- Australia
- Updated
- May 2018
ISO 9001 — ISO 9001:2015 Quality Management Systems — Requirements
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- Issuer
- International Organization for Standardization (ISO)
- Version
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- Updated
- May 2021