Regulatory Alerts2009-01-01
Decision No. 61 of 2009 on Establishing Public Companies in Real Estate Financing, Financial Leasing, and Factoring
The Egyptian Financial Regulatory Authority issued Decision No. 61 of 2009 to establish the regulatory framework and approval procedures for public companies operating in real estate financing, financial leasing, and factoring. The directive mandates that all applicants seeking to establish or operate in these specialized financial sectors must comply with specific capital requirements, corporate governance standards, and licensing conditions set by the regulator. It further outlines the documentation, financial viability assessments, and ongoing supervisory obligations necessary to maintain authorization and ensure market stability.
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