Regulation and Compliance
3 articles
Egypt launches unified regulatory guide for consumer finance sector
Egypt's Financial Regulatory Authority has released its first comprehensive guide for consumer finance companies, consolidating all rules on licensing, governance, customer protection and digital compliance. The move aims to tighten oversight and raise sector standards as non-bank finance expands.
Egypt's FRA suspends consumer finance firm after unauthorised school loans
Egypt's Financial Regulatory Authority has suspended a consumer finance company, revoked its CEO's licence, and initiated criminal proceedings after the firm exploited parents' data to issue unauthorised loans for school fees, raising regulatory and consumer protection concerns.
Mauritania Orders Digital Transport Operators to Comply Within 15 Days
Mauritania's road transport regulator has given companies operating via digital platforms 15 days to meet legal requirements or face suspension and legal action, signalling a tightening of oversight in the sector.