Kuwait- KAMCO standards remain high


(MENAFN- Arab Times) KAMCO has always been a highly compliant firm and has been quick to implement all applicable regulations as set forth by regulators including CMA, CBK and the KSE. With the heightened regulations, it is imperative that companies operating within the finance and investment sector follow tighter and more stringent regulations in order to protect themselves and their clients. To be aligned with the best practices, KAMCO provides its employees regular and systematic training. These training include training to spot and combat money laundering operations and the financing of terrorist activities. KAMCO has structured its training efforts with more emphasis towards the employees who are in direct contact with the company's clients and investors to ensure that their awareness of the global risks in that area and ways to detect and report suspicious transactions is up to date. KAMCO has built a reputation for investing in its employees and the community at large. It is a testament to KAMCO's growing corporate social responsibility program that KAMCO is involved in a diverse set of programs. These include the joint sponsorship of the Dealing Room at Kuwait University (which allows students to practice and hone their skills at trading on the stock exchange), the sponsorship of the Chartered Financial Analysts Award Ceremonies and the job fair at the American University of Kuwait, the Kuwait Education Fund at KAMCO, and Shariky - a portfolio fund which helps young entrepreneurs set up their own independent businesses. Khaled Al Sharrad, Senior Executive Vice President of KAMCO's Human Resource Management & Development and Administration Division explained that, "We are extremely proud to be able to offer such specialized training for our employees. Seeing them excel and apply the new skills that they have gained gives me confidence that the company will always be in safe hands."


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