Regulatory Alerts2020-01-01
Law No. 152 of 2020
The regulatory authority issued Law No. 152 of 2020 to establish comprehensive governance, licensing, and operational frameworks for financial institutions and market participants. The law mandates strict compliance standards, defines key regulatory powers, and outlines enforcement mechanisms to ensure market stability. It requires all licensed entities to adhere to prescribed reporting, capital adequacy, and corporate governance obligations under the oversight of the designated supervisory body.
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