Libyan financial sector regulator established

Tripoli, 31 December 2013 :

The Minister of Economy, Mustafa Abufunas, announced at a press conference yesterday, held at Tripoli's Stock Exchange in Hay Al-Andulus, the establishment of a new financial regulation authority.

At the opening, Abufunas said that the new regulating body will regulate all the financial sector, except for the banking sector, adding that this new regulatory body represents a very important addition to the Libyan economy and in the establishment of an economy based on sound foundations.

After a tour of the Stock Exchange, Minister Abufunas attended the first meeting of the newly established regulatory authority . . .

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