Regulatory Alerts2015-01-01
Decision No. 111 of 2015 Regarding Rules and Standards for Real Estate Financing Activities (as Amended)
The Financial Regulatory Authority Board of Directors issued Decision No. 111 of 2015, as amended, to establish the governing rules and standards for real estate financing activities. The regulation mandates specific operational, financial, and corporate governance requirements for licensed entities to ensure market stability and regulatory compliance. It further outlines licensing procedures, capital adequacy thresholds, and ongoing supervisory obligations for real estate financing companies.
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