Regulatory Alerts2006-01-01
Decision No. 82 of 2006 on the Borrowed Securities Selling System
The Financial Regulatory Authority issued Decision No. 82 of 2006 to establish a comprehensive regulatory framework for the sale of borrowed securities. The decision outlines specific operational requirements, eligibility criteria, and reporting obligations for market participants engaging in borrowed stock transactions. It aims to enhance market transparency, mitigate settlement risks, and promote liquidity by standardizing borrowing and lending practices across the financial markets.
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