Regulatory Alerts2004-01-01
Law No. 41 of 2004 Regarding the Establishment of a Securities Market Insurance Fund
The Financial Regulatory Authority issued Law No. 41 of 2004 to establish a dedicated fund protecting securities market participants from non-commercial risks. This legislation mandates the creation of a financial safety net specifically designed to cover operational and external market exposures. The framework standardizes risk mitigation mechanisms, thereby enhancing overall market stability and participant confidence.
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