Regulatory Alerts2021-01-01
Decision No. 34 of 2021 on Extending the Deadline for Consumer Financing Practitioners to Regularize Their Status
The Financial Regulatory Authority (FRA) issued Decision No. 34 of 2021 to extend the compliance deadline for consumer financing practitioners seeking to regularize their operational status. This regulatory amendment grants affected market participants additional time to fulfill licensing and administrative requirements without facing enforcement actions. The measure supports sector continuity while maintaining strict oversight of consumer credit activities.
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