Regulatory Alerts2019-01-01
Decision of the Authority's Board of Directors No. (6) of 2019
The Financial Regulatory Authority extends the deadline for financial leasing and factoring companies to regularize their compliance status by six months, effective February 14, 2019. Companies must confirm their intention to proceed with regularization by March 31, 2019, and if they choose to do so, submit a comprehensive program outlining specific measures and a detailed implementation timeline by that same date. This decision supersedes previous licensing conditions and takes effect the day after its publication in the Egyptian Gazette and on the Authority's official website.
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