Regulatory Alerts2021-01-01
Financial Regulatory Authority Board Resolution No. (84) of 2021
The Financial Regulatory Authority issued Resolution No. 84 of 2021 to amend the executive regulations governing factoring activities under Resolution No. 163 of 2018. The amendment replaces Item 3 regarding the sold right, mandating that it must originate from non-commercial sales of goods or services while explicitly excluding real estate. This resolution takes effect the day following its publication in the Egyptian Gazette and on the Authority’s official website.
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