Regulatory Alerts2007-01-01
Decision No. 048 of 2007
The Financial Regulatory Authority (FRA) issued Decision No. 048 of 2007 to approve amendments to Articles 140 through 183 of the Executive Regulations of the Capital Market Law governing investment funds. This decision updates the regulatory framework for fund operations and structures before submission to the Minister of Investment for final ministerial ratification. The revised provisions establish updated compliance, operational, and reporting standards to ensure consistent oversight of investment funds under the capital market law.
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