Regulatory Alerts2023-02-14
Regulation No. 4 Financial Solvency for Financial Intermediation Companies
The Securities Commission issued Regulation No. 4 in 2022 to establish strict financial solvency standards for financial intermediation companies. The regulation mandates minimum equity thresholds, liquidity ratios, and asset valuation methods to ensure firms can meet their financial obligations and manage risks effectively. It further requires intermediaries to maintain specific liquid reserves, prevent shareholder withdrawals, and submit to continuous monitoring by the Commission and the market.
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