Regulatory Alerts2023-01-01
Authority Board Resolution No. (165) of 2023
The Financial Regulatory Authority issued Resolution No. 165 of 2023 to amend its previous Resolution No. 9 of 2021 regarding the licensing framework for futures contract exchanges. This resolution establishes updated conditions, regulations, and procedural requirements for clearing and settlement operations conducted on these exchanges. Market participants must now comply with the revised licensing criteria to legally operate clearing and settlement functions for traded futures contracts.
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