The General Authority for Financial Supervision

FINANCIAL REGULATORY AUTHORITY

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Deputy Chairman of the Authority

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Circular No. (1) for the Year 2020

Issued on 2020/5/18

Granting Trainees and Insurance and Reinsurance Brokers an Additional Deadline to Complete Registration/Renewal Procedures

in the Register of Insurance or Reinsurance Brokers

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In the context of continuing the state's efforts to contain the spread of the (Corona) virus, and in accordance with Prime Minister's Decision No. (606) for the Year 2020, which stipulated in its first article that "In order for the state to take some precautionary measures to confront the (Corona) virus, and to safeguard the health of citizens, all activities requiring the presence of any large gatherings of citizens or ...................... are temporarily suspended."

Therefore, the management of the General Authority for Financial Supervision has decided to hold the training courses organized through the Authority's Financial Services Institute for trainees and insurance or reinsurance brokers remotely, in addition to granting an additional deadline as follows:

1. Granting trainees in insurance brokerage activities whose training period exceeded one year after March 15, 2020, a deadline until June 22, 2020, to complete registration procedures with the Authority's registers.

2. Granting registered insurance or reinsurance brokers in the Authority's registers an additional one-month deadline ending on June 22, 2020, to complete renewal procedures.

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May God protect the country and its people,

Deputy Chairman of the Authority
Advisor / Rida Abdel Moeity

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The General Authority for Financial Supervision
Office of the Chairman of the Authority

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ARAB REPUBLIC OF EGYPT
FINANCIAL REGULATORY AUTHORITY

Building Bridges not Walls
We Build Bridges, Not Barriers

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Smart Village, Building 137, Giza, Egypt
Postal Code: 110
Telephone: +202 35345350
Fax: +202 35370036
WWW.FRA.GOV.EG