Regulatory Alerts2023-01-01
Decision No. (1447) of 2023
The Financial Regulatory Authority issued Decision No. 1447 of 2023 to mandate the reconstitution of a specialized committee responsible for reviewing and approving expert registration nominations, appointing delegated members, and overseeing executive departments within the insurance and non-banking financial activities sectors. This structural update ensures precise regulatory oversight and operational alignment for licensed professionals and administrative bodies. The decision formally establishes updated governance protocols to streamline approval processes and enhance compliance across regulated financial operations.
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