Regulatory Alerts2021-01-01
Financial Regulatory Authority Board of Directors Resolution No. (154) for 2021
The Financial Regulatory Authority issued Resolution No. 154 of 2021 to amend Resolution No. 166 of 2020 by formally adding the Egypt Sovereign Fund for Investment and Development and its Sub-Fund for Financial Services and Digital Transformation to the official list of financial institutions. This amendment clarifies their regulatory status, ensuring both entities fall under the FRA's supervisory framework for non-banking financial markets and instruments. The resolution takes effect the day following its publication in the Egyptian Gazette and on the Authority's electronic website.
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