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KUWAIT CITY, Dec 24: MP Abdulkareem Al-Kandari has submitted a bill to amend law number 106/ 2013 on combating money laundering and financing terrorism in order to transfer the supervision of Kuwait Financial Investigations Unit from the Ministry of Finance to the Central Bank of Kuwait (CBK).
Article Two of the bill states that the minister of finance shall specify the limit for dealing in cash – local or foreign currencies. MP Mohammad Hadi Al- Hewaila forwarded queries to all ministers about the execution of the replacement policy.
He requested for details as follows:
❑ Number of jobs previously occupied by expatriates who were replaced with nationals since the Civil Service Commission (CSC) issued decision number 11/2017 on replacing expatriates working in public institutions with citizens.