Regulatory Alerts2023-01-01
Decision No. 946 of 2023 Regarding the Reconstitution of a Permanent Committee for Dispute Resolution in Insurance, Real Estate Financing, and Financial Leasing
The Financial Regulatory Authority of Egypt issued Decision No. 946 of 2023 to reconstitute its Permanent Committee for Dispute Resolution, covering insurance, real estate financing, and financial leasing. The decision amends Article One of Decision No. 302 of 2022 by appointing Prof. Dr. Islam Azzam as chair and listing seven specific members, including the Senior Advisor to the Chairman and heads of key insurance supervisory administrations. It explicitly repeals Decision No. 1555 of 2022, maintains the remaining provisions of Decision No. 926 of 2018, and mandates immediate implementation by all relevant authorities from its issuance date.
Share