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Amending the decision to impose a fine against Syriatel

2021-09-14T13:22:30.664Z

Damascus, SANA- The Board of Commissioners of the Securities and Markets Authority issued today a decision amending the penalty decision



Damascus-SANA

Today, the Board of Commissioners of the Securities and Markets Authority issued a decision according to which it amended the penalty decision taken against Syriatel Mobile Telecom Company issued by Resolution No. 140 AD dated 8/31/2021 to cancel Article No. 3 and not include it in the violations and penalties register with the Authority.

In its decision, of which SANA received a copy, the council indicated that the amendment of the decision to impose a fine against the company came after studying the obstacles it faced.

The Authority's Board of Commissioners had imposed penalties on a number of companies, including Syriatel, for their delay in submitting financial statements within the legal deadlines, in violation of the disclosure and transparency system.

Source: sena

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