2007-01-01
The Financial Regulatory Authority (FRA) issued Decision No. 2 of 2007 to establish regulatory standards for repurchase agreements and contracts governing bonds following their initial sale. The decision outlines mandatory contractual frameworks and operational requirements that market participants must adhere to when executing bond repurchase transactions. By standardizing these post-sale financing instruments, the regulation aims to enhance market transparency, reduce counterparty risk, and ensure consistent enforcement across financial institutions.