Aggregated News From Investment Management Regulators

Egypt

The Chief Financial Officer attends the graduation ceremony of new batches of students at the Egyptian Directors Center

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. The graduation ceremony included holders of an accredited board member certificate, a professional master’s degree in corporate governance in cooperation with the Arab Academy for Science, Technology and Maritime Transport and the International Finance Corporation Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: Building and developing human capabilities and qualifying professional cadres is the basis for the sustainability of the development and development of the non-banking financial sector Enhancing levels of...

The head of financial control meets members of the “Egyptian Business Angels” association

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: The Authority supports all initiatives aimed at developing non-banking financial markets Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority, met with members of the “Egyptian Business Angels” association, which was established at the initiative of a number of businessmen with the aim of supporting and caring for investors in the medium, small and micro-enterprises sector by participating in financing these projects and enhancing...

The Financial Supervisory Authority develops solvency standards for non-bank financing companies to enhance flexibility and resilience against future shocks

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. The amendments came in response to what resulted in practical practices requiring companies to adhere to the solvency ratios at all times and not only at the end of each quarter. Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: We work to achieve financial stability for operating institutions and non-banking financial markets by developing systems for managing and measuring risks in accordance with international best practices Emphasis on periodic adherence to...

The Financial Control Authority continues its efforts in cooperation with the Ministry of Youth to qualify a new batch of accredited trainers to spread...

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. The new batch includes students from several student unions in Egyptian public universities to provide them with the necessary skills to enhance levels of financial knowledge, especially non-banking. The activities of the Certified Financial Awareness Trainer Program presented by the Financial Supervisory Authority and organized by the Ministry of Youth and Sports were launched through the Central Administration for Youth Development, the General Administration of University Programs and Activities, and the...

FRA receives a delegation from the Sultanate of Oman that includes the leaders of the Muscat Stock Exchange

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: We aim to raise the level of cooperation and coordination with the various regulatory and supervisory authorities of the capital markets to exchange the necessary experiences for the development and development of the markets. The Financial Supervisory Authority is ready to provide all aspects of cooperation to the Muscat Stock Exchange in an effort to enhance the levels of inter-investment, especially in...

Chief Financial Officer delivers the keynote speech at the International Conference on Technology in the Middle East and Africa Cairo ICT

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the FRA: Achieving financial inclusion and digital transformation requires the adoption and application of advanced technological techniques in accordance with measures that guarantee the rights of customers Financial supervision seeks to develop non-banking financial activities using modern technology to enhance savings levels and provide innovative financing solutions and investment products We are working to achieve a balance for the rights of all dealing parties and...

The Investor Protection Fund from Non-Commercial Risks announces the opening date for candidacy for representatives of companies working in the field of securities and...

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. The Investor Protection Fund from Non-Commercial Risks announces the opening of candidacy for a representative of companies whose securities or financial instruments are listed on the Egyptian stock exchanges as a member of its board of directors. 41 of 2021 and its amendments regarding the rules and procedures for selecting representatives of companies operating in the field of securities and companies whose securities or financial instruments are listed on the Egyptian...

The Financial Control Authority concludes the training program for insurance companies on the new international accounting standards

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: Financial control works to raise the technical competence of professional cadres working in insurance companies to keep up with and apply the latest international standards International accounting standards are consistent with the principles and requirements of the regulatory authorities in terms of interest in risk management and transparency to achieve financial stability The development of international accounting standards was done in light...

The Prime Minister is following up efforts to promote more investments to the capital market

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Board of Directors of the Financial Regulatory Authority: We adopt and implement a strategy to raise the level of efficiency and competitiveness of non-banking financial markets to enhance their role in economic growth The non-banking financial sector plays a pivotal role in enhancing the levels of savings, investment and financing necessary to achieve the goals of economic and social development Financial supervision works to develop...

Reconfiguration of grievance committees in accordance with the provisions of the laws regulating non-banking financial activities

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: Speedy resolution of grievances contributes to efforts to improve the business environment within the non-banking financial sector to support economic growth Formation of grievance committees headed by one of the deputies of the President of the State Council and the membership of two advisers to the State Council, chosen by the Council Grievance committees are one of the mechanisms to enhance levels...

FRA participates in launching the first entity to invest in projects that issue carbon certificates to support achieving zero carbon neutrality

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority: * Launch of EgyCop provides financing to help companies transition to a green economy and supports achieving zero carbon neutrality * Financial oversight provides an enabling environment to support transitions to a green economy and the consideration of carbon certificates as a security Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority, witnessed the launch of the first Egyptian entity to invest in projects that issue carbon...

The Chief Financial Controller delivers a speech at the session “Impacting Investment – Private Sector and Climate Finance and its Role in Achieving the...

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content in its original language here. Dr. Mohamed Farid, Chairman of the Board of Directors of the Financial Regulatory Authority: The private sector is an essential pillar in achieving the goals of sustainable development and climate targets Impactful investment takes into account the social, environmental and climatic dimensions and contributes to changing reality for the better Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority, participated in a discussion session entitled “Impact Investment - The Position of the Private Sector...

Regulator Information

Abbreviation: FRA
Jurisdiction: Egypt

Recent Articles

MEGA ROYAL BANK

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Coin Value Bank

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

CITY NATIONAL PLC BANK

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

prospectcapital (clone of FCA authorised firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Reopening of Comment Period for Share Repurchase Disclosure Modernization

See a PDF of the proposed rule from the Securities and Exchange Commission (SEC US) here: Read more

Get the latest from Regulatory.News in your inbox!

×