Board of Directors Decision No. (17) of 2014 (Updated Version in 2018)

The General Authority for Financial Supervision amended Decision No. 17 of 2014 to update the conditions and procedures for registering and maintaining foreign branches. This revision integrates provisions from Board decisions 157 and 104, replacing specific clauses in Articles 1, 2, 3, and 5, and reordering Article 1 after cancelling clause 5. The updated regulatory text took effect on July 16, 2018, formalizing the current compliance requirements for foreign branch operations.

Get FRA alerts — same-day email on every new publication.

1
Decision of the Board of Directors of the Authority No. (17) for the year 2014 dated 2014/2/9 Regarding the conditions and procedures for registration and continued registration of foreign branches Last amended on 2018/7/16 According to the deposited banks and in the registered owners register 1 Board of Directors of the General Authority for Financial Supervision has decided 2 Article (1) The Decision was amended by the Board of Directors' decisions Nos. 157 dated 2014/11/12 and the Board's decision No. 104 dated 2018/7/16. 1 2 Reordering the clauses of Article One after cancelling clause No. (5) pursuant to the Board of Directors' decision No. 157 dated 2014/11/12.

2
.5
Article (2)
.
3
Article (3)
.
4
3Clause No. 5 of Article Two was replaced by the Board of Directors' decision No. 104 dated 2018/7/16. A new paragraph was added to the end of Article No. 3 pursuant to the Board of Directors' decision No. 157 dated 2014/11/12. 4

3
Article (4)
5 Article (5)
Article (6)
The text of Article Five was replaced by the Board of Directors' decision No. 104 dated 2018/7/16. 5

Read the rest free

Lineage: Amended

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

Amended 1 time

—FRADecision No. (104) of 2018 of the Authority's Board of Directorsamends

Source: Financial Regulatory Authority Egypt — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works