Regulatory Alerts2019-01-01
Decision No. 1609 of 2019 Regarding the Model Contract for Securities Borrowing for Sale Purposes
The Financial Regulatory Authority issued Decision No. 1609 of 2019 to establish a standardized model contract for securities borrowing transactions intended for sale. This regulatory measure aims to provide a uniform legal framework for financial institutions engaging in these specific borrowing operations. The decision serves as a guiding template to ensure consistency and clarity in contractual obligations within the securities lending market.
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