Mubasher: An agreement has been reached with the Investor Protection Fund (IPF) to reduce the fees paid by investors by 50%, the chairman of the Financial Regulatory Authority (FRA), Mohamed Omran, announced on Sunday.
Omran reviewed a study outlined with the aim to expand IPF’s coverage of including more investors.
The chairman had addressed the opening ceremony of a workshop regarding approaches to regulate money markets and improve transparency and counter-corruption levels, better manage risks, and stabilise the financial system.
Source:
Mubasher