Regulatory Alerts2009-01-01
Decision No. 22 of 2009 Regarding the Registry of Auditors Registered with the General Authority for Financial Supervision
The General Authority for Financial Supervision issued Decision No. 22 of 2009 to centralize auditor oversight by renaming its registry and transferring registration records from the Egyptian Insurance Regulatory Authority and the General Authority for Real Estate Affairs. The decision preserves the audit eligibility of transferred auditors, maintains existing registration and deregistration rules under the new authority name, and expands mandatory annual registration fees to cover insurance, cooperative insurance, and real estate registration companies. This consolidation streamlines regulatory supervision and aligns auditor registration requirements with GAFS's expanded statutory mandate.
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