Regulatory Alerts2017-01-01
Decision No. 60 of 2017 Regarding Licensing for Financial Companies to Combine Multiple Activities
The Financial Regulatory Authority issued Decision No. 60 of 2017 to regulate the licensing of financial companies to engage in multiple financial activities simultaneously. The decision specifically permits entities to combine financing leasing, real estate financing, and factoring under a unified regulatory framework. It establishes the necessary controls and conditions for practicing more than one financial activity to ensure market stability and compliance.
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