Regulatory Alerts2020-01-01
Decision No. 205 of 2020
The Financial Regulatory Authority (FRA) issued Decision No. 205 of 2020 to reduce the development fee and service consideration payable by licensed non-banking financial companies and entities. This regulatory measure applies specifically to their dealings with and service provision to women, lowering operational costs for female-focused financial activities. The decision mandates the adjusted fee structure across all relevant licensed non-banking financial entities operating under FRA supervision.
Share