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Sharing key insights on the latest financial regulations and challenges in the MENA region
Kuwait - ASAR - Al Ruwayeh & Partners (ASAR), Kuwait's leading corporate law firm and one of the region's top tier firms, recently participated at the 2015 Middle East Investment Conference. The forum, which was held for the first time in Kuwait and co-hosted by CFA Society Kuwait and CFA Institute, came under the patronage of His Excellency Anas K. Al-Saleh, Minister of Finance, State of Kuwait, and was held at the Marriott Courtyard Hotel.
The forum was designed to bring together international thought leaders, policy makers, industry experts, and key market participants to discuss recent regulatory developments and challenges across the MENA region financial markets.
Mr. Ahmed Barakat - Managing Partner at ASAR addressed the conference on the role of the financial markets regulators and investors' responsibilities in devising an efficient and transparent regulatory regime in Kuwait.
Mr. Ahmed Barakat said: "It gives ASAR great pleasure to have participated in such a prominent event. It is of prime importance to have this type of brainstorming among the regulatory authorities, industry experts and other key market players to exchange ideas on how to enhance the efficiency, reliability and transparency of the financial markets regulatory framework. This is particularly true at this time when the Kuwaiti government and parliament are currently working on amending various parts of the CML and its executive regulations." Mr. Barakat added that "it is also critical to foster respect for the rule of law in the Kuwaiti Financial market by proceeding with clear, consistent and equal implementation of the CML law and regulations on the various market players."
With dedicated offices in Kuwait and Bahrain coupled with its associated offices and relationships, ASAR provides clients across an extensive range of industry sectors with comprehensive legal advice and support for their business activities in Kuwait, across the GCC and beyond.
The firm has been consistently rated as the leading corporate and commercial law firm in Kuwait by reputable legal guides such as the Chambers Global Guide, International Financial Law Review (IFLR) and the Legal 500. In October 2014 ASAR won the "IFLR National Law Firm of the Year Award" and the "Project Finance Deal of the Year Award". In addition, ASAR also won the prestigious "2014 Commercial Litigation Law Firm of the Year" and the "2014 Best Banking and Finance Legal Team -Kuwait" awards from Acquisition International Magazine in 2014. ASAR lawyers also received multiple awards under different categories in the Fourth Edition of "Best Lawyers" in Kuwait.
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© Press Release 2015
