Regulatory Alerts2006-01-01
Decision No. 031 of 2006 on Insurance Rules and Capital Adequacy
The Financial Regulatory Authority issued Decision No. 031 of 2006 to establish mandatory insurance rules and capital adequacy standards for licensed market participants. This regulation operationalizes Article 126 of the Capital Market Law Executive Regulations by defining precise capital buffers and risk mitigation frameworks. Institutions must now comply with these updated requirements to maintain their operational licenses and ensure systemic financial stability.
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