Regulatory Alerts2015-01-01
Board of Trustees Decision No. (3) of 2015
The Board of Trustees of the Microfinance Activity Supervision Unit for Associations and Civil Institutions extends the deadline for entities holding temporary microfinance licenses to submit final licensing applications until August 27, 2015. Issued under Laws No. 10 of 2009 and No. 141 of 2014, this regulatory adjustment applies to all qualifying associations and civil institutions and aligns with prior supervisory directives. The decision takes effect the day after issuance and requires publication in the Egyptian Gazette and the General Authority for Financial Supervision’s official website.
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