Regulatory Alerts2021-01-01
Financial Regulatory Authority Board of Directors Decision No. 152 of 2021
The Financial Regulatory Authority Board of Directors issued Decision No. 152 of 2021 to amend its prior regulations governing the registration, continuation, and striking-off of accountants auditors in its official register. This decision replaces the fifth paragraph of Article Ten to mandate Board approval for all regulatory measures before they take effect, while explicitly preserving auditors' statutory appeal rights, and simultaneously repeals the third paragraph of Article Ten. The amended rules take effect the day following publication in The Official Gazette and on the Authority's electronic website.
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