Regulatory Alerts2005-01-01
FRA Letter No. 38 of 2005 on Endorsement of Brokerage Customer Order Books by the Real Estate Registration Office
The Financial Regulatory Authority issued Letter No. 38 of 2005, requiring brokerage companies to have their customer order books officially endorsed by the Real Estate Registration Office. This mandate ensures that all brokerage order records receive formal validation from the designated government office. The directive standardizes operational compliance and enhances regulatory oversight for licensed brokerage firms.
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