"Financial Supervision" held an educational meeting on non-banking financial instruments at El Sawy Culturewheel



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Published on:
Monday, July 30, 2018 – 13:34
| Last update:
Monday, July 30, 2018 – 13:34

The Financial Supervisory Authority organized an educational meeting on non-banking financial instruments at El Sawy Culturewheel as part of the Authority's initiative to spread financial literacy in various activities. supervised and overseen by the financial market, insurance, private insurance, "The results of what we observe in terms of the evolution of ICT have been highlighted to facilitate and facilitate access to more financial products and services, "said Vice President Khalid Al Nashar on Monday in a statement.

Al-Nashar adds that a group of elite experts has talked about alternative financing offered by non-bank non-bank financial activities represented in the financing and leasing of real estate. And focused on the microfinance business available through more than 1600 outlets for businesses and badociations licensed to carry on business, in addition to which can provide insurance and microinsurance protection of 39, citizen insurance to deal with accidents and disasters. T The importance of investment funds and index funds to invest in small investors and how to choose a brokerage and portfolio management company to reduce the risks faced by money market brokers.

Councilor Khalid Al Nashar underlines the definition of the supervisory role of the Authority. Guarantee the security and stability of non-bank financial markets and the mechanisms provided for by the Supervision and Control Act No. 10 of 2009 to protect brokers' rights in non-bank financial markets and the measures they deem necessary to reduce manipulation and fraud.
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