Regulatory Alerts2001-01-01
Decision No. 018 of 2001 on Adding Securitization to Securities Activities
The Financial Regulatory Authority issued Decision No. 018 of 2001 to formally classify securitization as a licensed securities activity. This directive implements the operational provisions of Capital Market Law No. 95 of 1992, thereby expanding the regulatory scope for financial institutions engaged in asset securitization. The amendment updates the statutory list of permissible securities operations, ensuring that all securitization transactions comply with established capital market licensing requirements.
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