Regulatory Alerts2022-01-01
Financial Regulatory Authority Board Decision No. (62) of 2022
The Financial Regulatory Authority issued Board Decision No. 62 of 2022 to amend Decision No. 82 of 2016 by permitting specialized departments and committees from the Ministry of Housing, the Social Housing Fund, and the General Authority for Government Services to register in its Real Estate Valuation Experts List. These entities may participate in valuing real estate units for middle- and low-income financing provided they remain independent from the financing process, maintain a team of at least two registered experts with one signing the report, and pay the applicable registration fee. The decision formally updates the title of Decision No. 82 to reference "legal persons" and takes effect the day following its publication in the Egyptian Gazette.