FRA sets new framework for licensing, regulation of non-banking finance branches

The Financial Regulatory Authority (FRA) has issued a new regulatory decision establishing a comprehensive framework governing the registration, transfer, amendment and closure of branches of companies licensed to undertake non-banking financial activities. The move aims to reinforce institutional discipline, improve the geographical efficiency of service delivery, and ensure that expansion-related risks are managed in a […] The post FRA sets new framework for licensing, regulation of non-banking finance branches first appeared on Dailynewsegypt .