Regulatory Alerts2020-01-01
Decision No. 004 of 2020 on the Cancellation of Ridge Company's License for Securities Portfolios and Investment Funds
The Financial Regulatory Authority (FRA) issued Decision No. 004 of 2020 to cancel the operating license of Ridge Company. The revoked authorization specifically covered the company's activities in forming and managing securities portfolios and investment funds, effectively terminating its regulatory approval. This decision immediately updates the official register of licensed entities and clarifies compliance obligations for affected market participants.
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