Financial Regulatory Authority Board of Directors Resolution No. (154) for 2021

Financial Regulatory Authority
FINANCIAL REGULATORY AUTHORITY

Chairman of the Authority
Resolution of the Authority's Board of Directors No. (154) for 2021 dated 29/09/2021 Amending Resolution of the Authority's Board of Directors No. (166) for 2020 Regarding the Determination of the Meaning of the Term "Financial Institutions" Stated in the Authority's Board of Directors Resolutions

The Board of Directors of the Financial Regulatory Authority

Having reviewed Law No. (10) of 2009 regulating supervision over non-banking financial markets and instruments; and Law No. (177) of 2018 establishing the Egypt Sovereign Fund for Investment and Development; and Resolution No. (166) of 2020 of the Authority's Board of Directors regarding the determination of the meaning of the term "Financial Institutions" stated in the Authority's Board of Directors resolutions; and Resolution No. (6) of 2021 of the Board of Directors of the Egypt Sovereign Fund for Investment and Development regarding the issuance of a registration certificate for the Egypt Sub-Fund for Financial Services and Digital Transformation; and after the approval of the Authority's Board of Directors in its meeting held on 29/09/2021;

Resolved:
(Article One)

Two new items numbered (20, 21) are added to the list of financial institutions stated in Article One of the aforementioned Resolution No. (166) of 2020 issued by the Authority's Board of Directors, with the following text:

20- Egypt Sovereign Fund for Investment and Development.
21- Egypt Sub-Fund for Financial Services and Digital Transformation.

(Article Two)

This Resolution shall be published in the Egyptian Gazette and on the Authority's electronic website, and shall take effect from the day following its publication in the Egyptian Gazette.

Chairman of the Board of Directors of the Authority Dr. Mohamed Omran

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