The Financial Regulatory Authority (FRA) has mandated companies operating in the consumer finance sector to provide insurance coverage for their clients, in a move aimed at strengthening protection ...
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Egypt’s Financial Regulatory Authority (FRA) has raised the maximum age for microfinance insurance from 60 to 65 years as part of an updated standard group insurance model, according to a statement from the authority.
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Egypt’s Financial Regulatory Authority (FRA) has launched a digital factoring system on its electronic portal in partnership with e-finance to prevent double financing risks and streamline oversight of the sector, the regulator said on Sunday.
The move, approved by FRAChairperson Mohamed Farid, aims to leverage the widespread use of financial technology to ease public access to capital market services directly through mobile phones.