Egyptian Financial Regulatory Authority
4 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 advances roadmap for sustainability disclosure standards
Egypt's Financial Regulatory Authority has presented a draft roadmap for phased implementation of IFRS sustainability disclosure standards, aiming to align national frameworks with international norms and enhance market transparency for investors.
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.
Egypt issues regulatory framework for short selling on EGX
Egypt's Financial Regulatory Authority has approved a comprehensive framework for short selling on the Egyptian Exchange, introducing new risk controls and operational requirements as part of broader capital market reforms.