News & insights
Fraudsters Beware: Implementing Regulations of Anti-Commercial Fraud Law Issued in Kuwait
July 1, 2021
In light of its revived efforts to crackdown on intellectual property infringement and malicious business practices, Kuwait published the Implementing Regulations of the unified GCC Anti-Commercial Fraud Law No. 20 of 2019.
The new regulations were published on May 31, 2021 in order to assist the authorities concerned in their ongoing efforts to enforce the Law and eliminate shady business practices in the country.
By way of background, the Law states that the definition of a commercial fraud crime has been expanded to include the act of selling and/or producing infringing or fraudulent products, or raw materials used to produce said products, that are harmful to health and safety.
Such developments in Kuwait showcase that the country is nurturing the right environment for the protection and enforcement of intellectual property rights.
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