Regulatory Alerts2019-01-01
Decision of the Board of Directors of the Financial Regulatory Authority No. (153) of 2019 Regarding the Resumption of Securities Consulting Activities by Mubasher Financial Consulting Company
The Financial Regulatory Authority issued Decision No. (153) of 2019 to lift the temporary suspension of Mubasher Financial Consulting Company's securities consulting activities, effective the day following its issuance. The company must complete the documentation of its operational and compliance status by 27 February 2020, adhering to the requirements of Board Decisions No. 114 of 2019 and No. (83) of 2019. This authorization was granted following a comprehensive review of the firm's extraordinary general assembly resolutions, corporate governance memoranda, and the Board's formal approval on 21 November 2019.
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