Non - Banking Financial
Markets

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The Financial Regulatory Authority is a public Authority, having a legal status, established in accordance to law 10 of the year 2009.

The Authority is responsible for supervising and regulating non-banking financial markets and instruments, including the Capital Market, the Exchange, all activities related to Insurance Services, Mortgage Finance, Financial Leasing, Factoring and Securitization. FRA's role is to regulate the market and ensure its stability and competitiveness to attract more local and foreign investments " The mandate of the Authority also includes limiting inconsistency risks and addressing problems arising from applying different supervisory rules".

The Financial Regulatory Authority is replace the Egyptian Insurance Supervisory Authority, the Capital Market Authority, and the Mortgage Finance Authority in application of the provisions of the supervision and regulation of Insurance law no. 10 of 1981, the Capital Market law no. 95 of 1992, the Depository and Central registry law no. 93 of 2000, the Mortgage Finance law no. 148 of 2001, as well as other related laws and decrees that are part of the mandates of the above authorities.

FRA is also the admin authority for companies established under the provisions of law of financial leasing issued by law no.95 for year 1995
 

Our Aims

  • Stability and Integrity of non-banking financial markets
  • Regulation and development of non-banking financial markets
  • Protecting investors & participants rights
  • Issuing various means, systems, rules and regulations which ensure efficiency and transparency of these markets.


Our Roles

The Authority, in pursuit of achieving the purposes for which it has been established, in particular:

  •  License non-banking financial activities
  • Inspect licensed entities engaged in non-banking financial activities
  • Regulating the dissemination of information related to non-banking financial markets
  • Ensure transparency and competitiveness in non-banking financial services through proper regulation of non-banking financial markets
  • Protect non-banking market investors’ rights
  • Take necessary measures to limit market manipulation and fraud
  • Supervise training of market participants
  • Cooperate and coordinate with other non-banking regulatory bodies abroad, thus developing and increasing efficiency of means and methods of supervision in non-banking financial markets and instruments domains
  • Communicate, cooperate and coordinate with societies and organizations which regulate work of financial supervision authorities across the globe, thus empowering the Authority to assume its competences according to the best international practices
  • Contribute to spreading investment culture and awareness
  • This in addition to the roles mentioned in each of: the Supervision and Regulation of Insurance Law no. 10 of 1981, the Capital Market Law no. 95 of 1992, the Depository and Central registry Law no. 93 of 2000, the Mortgage Finance Law no. 148 of 2001.