Regulatory Alerts2020-01-01
Circular No. 18 for the Year 2020
The Financial Regulatory Authority of Egypt issued Circular No. 18 of 2020 to extend registration and renewal deadlines for insurance and reinsurance brokers and trainees due to the coronavirus pandemic. The directive grants trainees whose training expires after December 20, 2020, until January 31, 2021, and brokers due for renewal in November and December 2020 until January 29, 2021, to complete their administrative procedures. To facilitate compliance, the Authority will also continue organizing training courses and conducting examinations remotely through its Financial Services Institute.
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