2020-01-01
The Financial Regulatory Authority's Board of Directors issued Decision No. 110 of 2020 to amend Decision No. 1 of 2017 by adding a new clause to the Egyptian Financial Valuation Standards for Enterprises. This amendment mandates that licensed valuers must submit all requested data, information, documents, and reports to the Authority within a maximum of two working days during any stage of the valuation process. Additionally, valuers are required to deliver both preliminary and final valuation reports to the Authority immediately upon their completion.