Regulatory Alerts1998-01-01
Decision No. 018 of 1998 on Expertise and Competence Requirements for Securities Company Executives
The Financial Regulatory Authority issued Decision No. 018 of 1998 to mandate expertise and competence standards for executives managing securities firms. The decree requires all actual managers to satisfy defined professional qualifications and experience criteria prior to obtaining regulatory authorization. These competency mandates standardize leadership qualifications across the sector to enhance market stability and investor protection.
Share