Regulatory Alerts2017-01-01
Decision No. 33 of 2017 on the Appointment of an Interim Board for Al-Nasr Company's Private Insurance Fund
The Financial Regulatory Authority issued Decision No. 33 of 2017 to appoint an interim board of directors for the private insurance fund of Al-Nasr Company for Fine Wool and Textiles. This directive mandates the temporary governance structure to oversee fund operations and ensure compliance until a permanent board is established. The appointment applies specifically to the STIA subsidiary and takes immediate effect upon publication.
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