Regulatory Alerts2020-01-01
Decision No. 205 of 2020 Regarding the Reduction of Development Fees and Service Considerations for Licensed Non-Banking Financial Entities in Their Interactions with Women
The Financial Regulatory Authority issued Decision No. 205 of 2020 to reduce development fees and service charges for licensed non-banking financial companies and entities. This regulatory measure specifically lowers the cost structure applied to these institutions when conducting business with female clients and delivering financial services to them. The reduction aims to enhance market accessibility and encourage greater financial inclusion for women through licensed non-banking financial providers.
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