الهيئة العامة للرقابة المالية

The Financial Regulatory Authority (FRA) is committed to strengthening its international relations as a core pillar of its strategy to support integration with global financial markets and to further develop the regulatory and supervisory framework through the exchange of expertise and international best practices.

In this regard, the FRA works to build a strong network of partnerships and relationships with peer regulatory authorities, as well as international and regional organizations. The FRA also seeks to conclude agreements, as well as memoranda of understanding with regulatory and supervisory bodies at both the regional and international levels, in a manner that enhances its ability to perform its mandates efficiently and enables access to diverse sources of technical expertise.

Memoranda of understanding provide a formal framework for cooperation among regulatory authorities, encompassing the exchange of information and the provision of technical assistance, particularly in the areas of supervision and investigations, in compliance with applicable laws. These memoranda do not permit any breach of laws or the disclosure of restricted or confidential information, nor do they impose an obligation to provide assistance beyond the voluntary scope agreed upon by the concerned parties.

These agreements are classified into two main types:

Bilateral memoranda of understanding and agreements:
Concluded between the FRA and its counterpart regulatory authorities in other jurisdictions, focusing on cooperation in specific areas such as the exchange of expertise and information, training, and technical capacity building.

Multilateral memoranda of understanding and agreements:
Concluded within the framework of international or regional organizations, providing the FRA with opportunities to engage with international regulatory networks, thereby enhancing knowledge exchange and facilitating access to tools aimed at combating cross-border fraud and misconduct.

Collectively, these efforts contribute to strengthening the effectiveness of the FRA’s supervisory functions and enhancing the position of Egyptian markets within the international financial landscape.