Regulatory Alerts2021-01-01
Circular No. (9) for the Year 2021
The Financial Regulatory Authority (FRA) of Egypt issued Circular No. (9) for 2021 to extend registration and renewal deadlines for insurance and reinsurance brokers and trainees amid ongoing pandemic-related emergency measures. The directive grants a two-month extension until May 31, 2021, for brokers whose March 31, 2021, deadlines expire, as well as for trainees completing their one-year training without prior registration. Additionally, the FRA mandates the continuation of remote online examinations and training courses administered through its Financial Services Institute to facilitate compliance during the crisis.
Share