Regulatory Alerts2021-01-01
Decision No. (94) of 2021
The Financial Regulatory Authority (FRA) issued Decision No. 94 of 2021 to amend its Board of Directors Decision No. 2 of 2021 regarding regulatory controls for combating money laundering and terrorism financing. This updated framework establishes specific supervisory requirements tailored to entities operating in non-banking financial activities. The amendment ensures consistent compliance standards across the sector while streamlining regulatory oversight for these specialized financial entities.
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