Ministry of Commerce and Industry — Resolutions No. 172 and No. 173 of 2026: AML/CFT rules for dealers in gold and precious metals and stones, and for real estate brokers

Two resolutions of the Minister of Commerce and Industry, reported on 1 September 2026: No. 172 of 2026 for dealers in gold, precious stones and precious metals, and No. 173 of 2026 for real estate brokers and intermediaries. As reported, each requires a risk-based compliance system, identification before a transaction with documents above KD 3,000, due diligence on the beneficial owner, reporting a suspicion to the Financial Intelligence Unit within two working days whatever the value, no cash — payment only by means the Central Bank approves — records for at least five years, a compliance officer in senior management, and staff training.

The numbers are as reported by Gulf Tribune (https://gulftribune.org/2026/09/kuwait-anti-money-laundering-rules/). This entry is written from the reports; the resolutions' texts in Kuwait Al-Youm have not been read for it.

Gold and real estate are two of the sectors FATF's evaluation of Kuwait found weakest; these rules are what a Kuwaiti jeweller or broker should now be able to show.