Regulatory Alerts2020-01-01
Added · Updated
Decision No. 187 of 2020 on Establishing a Database for Non-Banking Financial Services
The Financial Regulatory Authority issued Decision No. 187 of 2020 to mandate the creation of a centralized database for non-banking financial service providers. This regulation requires companies and entities operating in non-banking financial activities to systematically record and report the specific services they offer to their clients. The initiative aims to enhance regulatory oversight and transparency within the non-banking financial sector by maintaining a comprehensive registry of service offerings.
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