Regulatory Alerts2018-01-01
Financial Regulatory Authority Board Decision No. (33) of 2018 (Updated Version in 2021)
The Financial Regulatory Authority Board of Directors issued Decision No. 33 of 2018, updated in 2021, to establish and amend licensing regulations for capital market companies. The decision mandates compliance with updated expertise and competence standards, financial adequacy criteria, and subscription procedures for investment fund documents. It integrates prior regulatory amendments to ensure consistent operational oversight and investor protection across the sector.
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