Regulatory Alerts2019-01-01
Decision No. 60 of 2019
The Financial Regulatory Authority (FRA) issued Decision No. 60 of 2019 to amend its Board of Directors' Decision No. (106) of 2018. This amendment establishes updated regulatory conditions for the registration, renewal, and cancellation of institutional agents representing companies operating in non-banking activities within the Authority's official register. The revised framework standardizes compliance requirements and streamlines administrative procedures for these non-banking corporate agents.
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