Regulatory Alerts2007-01-01
Decision No. 91 of 2007 on Applying Financial Adequacy Standards for New Branches or New Financial Instruments
The Financial Regulatory Authority issued Decision No. 91 of 2007 to establish financial adequacy standards for opening new branches or introducing new financial instrument activities. The regulation mandates that institutions must meet specific capital and liquidity requirements before commencing these new operations. This measure aims to ensure the stability and solvency of financial entities expanding their operational scope.
Share