Regulatory Alerts1975-01-01
Executive Regulation of Law No. 54 of 1975 Concerning Special Insurance Funds
Issued by the Financial Regulatory Authority, this executive regulation operationalizes Law No. 54 of 1975 by defining the legal status, governance standards, and financial obligations of special insurance funds. It requires fund administrators to implement strict internal controls, transparent accounting practices, and comprehensive risk management frameworks to protect beneficiary interests. The document further establishes supervisory protocols, reporting deadlines, and enforcement mechanisms to ensure ongoing regulatory compliance and sector stability.
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