Regulatory Alerts2019-01-01
Board Resolution No. 14 of 2019 Regarding Extension of Deadline for Aligning Financial Leasing and Factoring Companies
The Financial Regulatory Authority issued Board Resolution No. 14 of 2019 to extend the regulatory compliance deadline for financial leasing and factoring companies. The resolution grants an additional three-month period, effective from August 14, 2019, allowing these entities to regularize their operational status under Law No. 176 of 2018. This measure follows prior extensions and mandates official publication in the Egyptian Gazette and on the Authority’s website.
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