Regulatory Alerts2018-01-01
Circular No. (9) of 2018
The Financial Regulatory Authority issued Circular No. (9) of 2018 to officially recognize email as a valid and secure channel for correspondence between the regulator and its supervised entities. The circular mandates all regulated companies to complete and submit a data form and declaration model at the Authority's Smart Village headquarters by December 31, 2018. Upon submission, the Authority will establish a secure email address for each company based on specified technical requirements, granting the submitted forms legal evidentiary value in all official communications.
Share