Regulatory Alerts2022-01-01
Board of Administration Decision No. (191) for the Year 2022
The Capital Market Authority’s Board of Administration issued Decision No. (191) for 2022 to standardize regulatory compliance and licensing requirements for all capital market participants. The Decision mandates adherence to updated reporting standards, capital adequacy ratios, and transitional licensing provisions while amending conflicting prior regulations. It establishes clear implementation timelines, grants the Authority rulemaking powers for executive bylaws, and takes effect upon official publication.
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