Regulatory Alerts2019-01-01
Decision No. 133 of 2019
The Financial Regulatory Authority (FRA) issues Decision No. 133 of 2019 to formally establish the Board of Trustees for the Arbitration and Dispute Resolution Center. This decision outlines the governance structure and mandates the Board to resolve disputes arising from the application of laws governing non-banking financial transactions. It thereby standardizes dispute resolution mechanisms for regulated entities operating outside traditional banking frameworks.
Share