Attorney General Saad Al-Safran has announced the creation of the Banking Affairs Prosecution Office, a specialized body dedicated to investigating banking-related crimes.

The move is described as one of the most significant steps in recent years to protect Kuwait’s banking system.

The new office will primarily focus on cases of electronic fraud, bank forgery, and issuing checks without sufficient funds, reports Al-Anba daily.

According to a statement from the Public Prosecution Office, the initiative comes in response to rapid financial transformations, making such a specialized entity an urgent necessity to strengthen confidence in banking transactions.

Attorney General Al-Safran emphasized that the office will mark a qualitative leap in combating banking crimes and enhancing the efficiency of investigative and prosecutorial procedures.

The selection of staff for the Banking Affairs Prosecution Office will be based on strict criteria, prioritizing professional competence and practical experience.

The goal is to build a capable system that can effectively confront modern banking crimes, which are evolving at an increasingly rapid pace.

For the first time, the office will also prepare periodic analytical studies and reports monitoring banking crime methods. These reports aim to develop practical solutions to mitigate such crimes, positioning the office as a key source of information and analysis in the field.

In addition to investigations, the office will launch legal awareness programs targeting both institutions and individuals. These initiatives will focus on cybercrime awareness, detailing the procedures taken against offenders, and keeping pace with evolving methods of electronic fraud.

The office will also implement initiatives to track emerging crime patterns and intervene promptly to reduce their impact on the financial sector.

This move is viewed as a major step toward securing the national economy, enhancing the integrity of financial transactions, and creating a stable and secure economic environment for individuals and businesses alike.

The Banking Affairs Prosecution Office is slated to begin operations in 2026, ushering in a new phase of professional and robust action against financial crimes in Kuwait.