2018-01-01

Decision No. 53 of 2018 Regarding Licensing Controls and Share Ownership Rules for Non-Banking Financial Companies

The Financial Regulatory Authority issued Decision No. 53 of 2018 to establish comprehensive regulations for the licensing and continued operation of non-banking financial companies. The decree defines strict controls for granting and renewing licenses while setting specific rules governing the ownership of shares in these entities. These measures aim to ensure regulatory compliance and stability within the non-banking financial sector.

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Egypt

Financial Regulatory Authority Egypt

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