
SCA backs FSCA in dispute with fund over investigation record
The Authority was not required to disclose documents tied to its investigation and search warrant against the Municipal Employees’ Pension Fund.

The Authority was not required to disclose documents tied to its investigation and search warrant against the Municipal Employees’ Pension Fund.

The Court set aside two notices to the Municipal Employees Pension Fund after finding the regulator had not met the statutory thresholds.

The FST orders the FSCA to reconsider key decisions regarding the Municipal Employees Pension Fund, saying the regulator overstepped its authority.