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Financial Regulatory Authority

FRA holds meeting to review progress on market for trading carbon certificates

The FRA chairman emphasized the importance of establishing and activating the voluntary market for trading carbon certificates, adding that it aims to encourage businesses to reduce emissions through adaptation and mitigation projects

FRA issues new circular for non-banking financial sector on customer data protection

Farid stressed that customer protection is a global concern, holding significant importance in ensuring transparent, fair, and honest treatment in financial transactions provided by financial institutions

Egyptian financial market marks strong performance with surge in capital investments

These approvals were divided into 190 approvals for share issuances (both for new and existing companies), with a total value of EGP 27.5 billion during July 2023.

Egypt breaks new ground with first-ever Egyptian actuarial tables, enhancing insurance market efficiency

The newly established tables will be mandatory for all life and capital formation insurance companies in Egypt.

FRA obliges insurance companies to price their products

This comes within the FRA’s keenness to enhance the efficiency of markets, protect their competitiveness, and ensure the safety and fairness of dealing and pricing.