2019-01-01
The Financial Regulatory Authority (FRA) issued Decision No. 82 of 2019 to amend Administrative Council Decision No. (7) of 2019, updating the governing rules and regulations for licensed financial leasing and factoring companies. This regulatory instrument modifies operational requirements, compliance standards, and licensing procedures applicable to entities authorized to conduct financial leasing and factoring activities. The amended framework establishes updated procedural guidelines to ensure consistent regulatory oversight while facilitating the continued operation of these licensed financial service providers.