Regulatory Alerts1996-01-01
Decision No. 047 of 1996 Amending Executive Regulations to Raise Minimum Authorized Capital for Brokerage Companies
The Financial Regulatory Authority issued Decision No. 047 of 1996 to amend Article 125 of the Executive Regulations of Law No. 95 of 1992. This directive formally raises the minimum authorized capital threshold for securities brokerage companies. The amendment strengthens the financial resilience of brokerage firms and ensures stricter compliance with national securities market regulations.
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