Regulatory Alerts2022-01-01
Financial Regulatory Authority Board Resolution No. 41 of 2022
The Financial Regulatory Authority issued Board Resolution No. 41 of 2022 to amend capital concentration limits for licensed real estate financing companies. The resolution replaces specific clauses in Resolutions No. 111 of 2015 and No. 158 of 2020, capping residential financing exposure for a single investor at 15% of the company’s capital base and non-residential financing exposure at 30%. These updated thresholds apply uniformly to natural persons, their spouses and minor children, as well as single legal entities and their related parties.
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