Regulatory Alerts2018-01-01
Decision No. 176 of 2018 on Licensing Requirements and Conditions for Factoring Companies
The Financial Regulatory Authority issued Decision No. 176 of 2018 to approve the licensing requirements and conditions for factoring companies. The decision outlines specific eligibility criteria, capital thresholds, and operational standards that applicants must fulfill to secure regulatory approval. It establishes a standardized compliance framework for factoring entities, streamlining their market entry and ongoing regulatory oversight.
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