2023-01-01
The Financial Regulatory Authority’s Board of Directors issued Resolution No. (94) of 2023 to amend the regulatory framework governing consumer financing activities. The resolution updates the establishment and licensing conditions, along with the operational requirements for authorized consumer financing providers. It formally incorporates the latest amendments to ensure ongoing regulatory compliance and market standardization.
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Home / Unclassified / Board of Directors Resolution No. (94) for the Year 2023
Board of Directors Resolution No. (94) for the Year 2023
Regarding the amendment of the Authority's Board of Directors Resolution No. (56) for the Year 2020 concerning the conditions and regulations for establishment and licensing to practice consumer financing activities, and the conditions and regulations for licensing consumer financing providers (according to the latest amendment).
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