Regulatory Alerts2019-01-01
Circular No. 6 of 2019 on Customer Protection Regulations for Financial Leasing, Real Estate Financing, and Factoring Companies
The Financial Regulatory Authority (FRA) issued Circular No. 6 of 2019 to establish mandatory customer protection regulations for financial leasing, real estate financing, and factoring companies. The directive outlines specific operational standards and disclosure requirements that these institutions must implement to safeguard client interests and ensure transparent service delivery. FRA mandates strict compliance with these guidelines through ongoing supervisory oversight and enforcement measures to maintain market integrity and consumer trust.
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