Aggregated News From Investment Management Regulators

FRA launches guide for Empowering Women application – Tuesday 14/7/2020

Report/Flag

Please complete the required fields.



FRA has prepared a guide to introduce “Empowering Women” application.  The guide, which is in the form of a video presentation, was posted on the Authority’s LinkedIn page, alongside the email [email protected]. The video was created to respond to inquiries on how to use the application.

Dr. Mohammed Omran – FRA’s Chairman has invited female applicants who want to take a seat on corporate board to start applying on the Authority’s electronic platform and register their data after launching FRA’s “Empowering Women” application. This application is marked with FRA’s logo on Google Store. The guide includes how qualified female professionals register their details on the database to ensure their data is available to the companies

 On the other hand, this guide explains the privileges that female applicants obtain by using the application. It also covers the benefits they receive in priority attendance at specialized training courses, workshops and qualified training programs.

It is worth mentioning that FRA has launched a mobile app database entitled “Empowering Women”, aimed at encouraging female professionals to participate in leadership positions and take part in the administrative decision-making process. It is also aimed at developing the qualitative performance of companies in Egypt. This step comes after issuing FRA’s regulatory decisions no.  123-124 of 2019 which have supported providing an appropriate regulatory environment obliging listed companies on the Egyptian Exchange (EGX) and non-banking financial activities companies to include at least one woman on their Boards of directors. The said decisions have urged that women shall have the opportunity to take part in the decision-making process. In this respect, FRA gives companies a period of reconciliation extending to the end of 2020.
To review the guide
https://www.linkedin.com/posts/financial-regulatory-authority-fra_sdg5-sustainability-womenonboards-activity-6688028384557047808-Zrt0
 

Source link

Regulator Information

Abbreviation: FRA
Jurisdiction: Egypt

Recent Articles

SEC, NASAA, and FINRA Offer Free Resource to Securities Firms to Assist in Detection, Prevention and Reporting of Financial Exploitation of Seniors

Regulators Providing Free Training in Recognition of World Elder Abuse Awareness Day; Program Aims to Assist Firms in Implementing Requirements of Senior Safe Act In recognition of World Elder Abus

Six Charged in Silicon Valley Insider Trading Ring

The Securities and Exchange Commission today announced insider trading charges against a Silicon Valley trading ring whose members generated nearly $1.

Portfolio Transfer from Yarden Uitvaartverzekeringen N.V. to Dela Natura- en levensverzekeringen N.V.

Yarden Uitvaartverzekeringen N.V. with its registered office at Transistorstraat 10, 1322 CE, Almere, the Netherlands, intends to transfer its entire life insurance portfolion by way...

Get the latest from Regulatory.News in your inbox!

×