Regulatory Alerts2016-01-01
Decision No. 16 of 2016 on Licensing Taseheel Company Branches for Micro-Activities
The Financial Regulatory Authority issued Decision No. 16 of 2016 to authorize branches of Taseheel Company to operate micro-activities. The regulation establishes specific licensing requirements and operational frameworks tailored for these branches to conduct small-scale financial services. Compliance with the stipulated licensing conditions enables Taseheel’s branches to legally expand their micro-activity portfolio under the updated regulatory framework.
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