Regulatory Alerts2023-01-01
Board of Directors Resolution No. (20) for the Year 2023
The Futures Regulatory Authority (FRA) Board of Directors issued Resolution No. 20 of 2023 to amend its prior Resolution No. 201 of 2020, specifically updating the ownership structure of the Futures Contracts Exchange Company and its Clearing and Settlement Company. This regulatory amendment applies to all derivatives traded on the Futures Contracts Exchange and incorporates the latest statutory updates. The revised framework establishes updated corporate ownership requirements to ensure market compliance and operational transparency.
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