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Financial Regulatory Authority - Egypt



FRAs Board approves an amendment to the Advisory Committees

 Published on: -Dec-2020

FRA’s Chairman reveals that FRA’s Board approves an amendment to the Advisory Committees which include specialists and experts in non-banking financial activities. These committees are established to provide advice for the development of non-banking financial instruments and market...
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Prime Minister issues statute of the Egyptian Center for Voluntary Arbitration and Settlement of Non-Banking Financial Disputes

 Published on: -Dec-2020

FRA’s Chairman welcomes the issuance of Ministerial Decree no. 2597 of 2020 on issuing of statute of the Egyptian Center for Voluntary Arbitration and Settlement of Non-Banking Financial Disputes. The Decree defines the rules and procedures for organizing the Center, this includes an int...
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FRA reduces fees for SME examination and study services by 50%

 Published on: -Oct-2020

FRA’s Chairman issued Executive Decree No. 159 of 2020 on reducing fees for SME examination and study services by 50% upon obtaining FRA’s approval on IPO prospectus for incorporation or capital increasing , upon issuing shares for merger, split or increasing capital stock thr...
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FRA applies integrated solvency standards to mortgage finance companies

 Published on: -Oct-2020

FRA’s Chairman said that achieving the integration among various financing activities – under FRA’s supervision - was a main engine for FRA’s Board to approve amendments to the financial solvency standards applied to mortgage finance companies. FRA’s BOD issued...
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