Regulatory Alerts2006-01-01
Decision No. 67 of 2006 on Securities Brokerage Company Establishment and Licensing
The Financial Regulatory Authority issued Decision No. 67 of 2006 to establish the foundational requirements and licensing procedures for securities brokerage companies. The regulation mandates specific capital thresholds, organizational structures, and operational standards that firms must meet to obtain regulatory approval. It further outlines the ongoing compliance obligations and supervisory framework governing the daily activities of licensed brokerage entities.
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