Regulatory Alerts2020-01-01
Circular No. (15) for the Year 2020
The Financial Regulatory Authority of Egypt extends the deadline for registered insurance and reinsurance brokers to complete their registration renewal procedures by two months from the original expiration date of 24/4/2020. This extension follows the Authority's Instruction No. 11 of 2020, which previously granted insurance brokerage trainees until 22/8/2020 to finalize their registration. The directive aligns with national precautionary measures to mitigate the spread of the Corona virus and addresses ongoing emergency conditions impacting regulatory compliance timelines.
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