Investment funds in Kuwait are subject to strict regulation by the Capital Markets Authority (CMA) pursuant to the Executive Regulations of Law No. 7 of 2010, covering the legal frameworks for fund formation, asset management, the roles of the fund manager and custodian, and investor disclosures.

 

Taqneen Law Firm provides specialized legal services, including:

• Drafting and preparing foundational documents for investment funds (articles of association, subscription prospectus, and fund management agreements) , for both open-ended and closed-ended, public and private funds.
• Reviewing the roles and compliance of all stakeholders, including the fund manager, custodian, and external auditor, and ensuring their contractual relationships are governed by transparent and enforceable terms.
• Following up on licensing procedures with the Capital Markets Authority and drafting formal regulatory filings, explanatory notes, and disclosure forms.
• Providing legal support in fund liquidation, conversion, or merger procedures, while ensuring the protection of investor rights and regulatory transparency.
• Advising on the legal structuring of joint investment vehicles, ensuring the enforceability of clauses related to profit sharing, risk allocation, and distribution of assets.

 

We also offer consultancy for the launch of private investment portfolios within brokerage firms or banks, drafting customized asset management contracts that balance legal protections and commercial flexibility.