2016-01-01
The Financial Regulatory Authority (FRA) issues Decision No. 108 of 2016 to promulgate the executive regulation for Law No. 115 of 2015 on Movable Guarantees. This regulation establishes mandatory registration procedures, standardized security agreements, and enforcement protocols for movable collateral across financial institutions. It aims to enhance credit accessibility, protect creditor rights, and streamline the legal framework for secured transactions in the Egyptian market.