الهيئة العامة للرقابة المالية

Article 221 of the Egyptian Constitution stipulates that: “Financial Regulatory Authority is responsible for monitoring and supervising financial non-banking markets and instruments including capital markets, futures exchanges, insurance activities, mortgage finance, financial leasing, and factoring and securitization, as regulated by Law.”

Article 217 of the Egyptian Constitution stipulates that: “Independent bodies and regulatory entities shall submit annual reports to the President of the Republic, the House of Representatives and the Prime Minister, immediately after their issuance.

The House of Representatives shall examine these reports and take the appropriate action within a period not exceeding four months from the date of receipt.

The reports shall be made available to the public. Independent bodies and regulatory entities shall notify the competent investigation authorities of any evidence discovered in relation to violations or crimes. They shall take the necessary measures with regards to these reports within a specified period of time. Law shall regulate the foregoing.