First: The International Organization of Securities Commissions (IOSCO)
Since the Authority’s accession to IOSCO in 1987, the active role of the Egyptian regulator and the Authority’s sustained efforts have been clearly demonstrated. These efforts have culminated in the Authority retaining, for the third consecutive term, the position of Vice Chair of IOSCO’s Board through its election as Chair of the Growth and Emerging Markets Committee (GEMC) for the period 2024–2026. The GEMC is IOSCO’s largest committee in terms of membership and geographical representation, accounting for more than 75% of IOSCO’s members.
The Authority’s membership extends to several key working groups and committees, including the Finance and Audit Committee (FAC), the Sustainable Finance Working Group, the Market Development Working Group (MDWG), the Africa and Middle East Regional Committee (AMERC), the Committee on the Assessment of the Implementation of the Multilateral Memorandum of Understanding (MMoU), the Sustainable Finance Task Force (STF), and the FinTech Task Force.
The Authority also contributes to strengthening the IOSCO’s role in fostering cooperation aimed at achieving the highest regulatory standards to safeguard the efficiency and integrity of international financial market transactions. This includes exchanging information and expertise to support the development of financial markets, unifying efforts to establish effective oversight of cross-border securities transactions, and supporting mutual technical assistance to ensure market integrity through the rigorous and effective enforcement of regulatory rules against market misconduct. These efforts are guided by IOSCO’s core principles for securities regulation, designed to ensure investor protection, market fairness, efficiency and transparency, and to mitigate risks arising from financial transactions.
The IOSCO was established in 1983 and today represents approximately 95% of global financial markets through more than 200 members, in addition to several international and regional financial organizations. IOSCO is widely recognized as the leading global standard-setter for securities markets, establishing principles and benchmarks that jurisdictions seek to adopt to ensure fair, transparent, and efficient markets and effective risk management.
For more information, please visit IOSCO’s official website:
Second: Union of Arab Securities Authorities (UASA)
The Union was established in 2007 with the objective of enhancing the legislative and regulatory frameworks of Arab securities markets to promote fairness, efficiency, and transparency. It also aims to unify efforts to achieve effective oversight of transactions in Arab securities markets, while fostering cooperation and coordination among member authorities to achieve the highest levels of harmony and alignment with relevant laws and regulations.
Additionally, the Union seeks to address challenges facing investment in Arab securities markets, broaden and diversify the investor base and financial instruments, deepen investment culture, strengthen disclosure, transparency, and governance practices, and promote the adoption of international standards and best practices. The Union comprises 16 full members representing securities regulators in Arab countries, three associate members and observers representing clearing houses and stock exchanges in certain countries, in addition to the Arab Monetary Fund. The Authority holds full membership status, which includes full voting rights.
For more information, please visit the Union’s official website:
Third: Mediterranean Partnership of Securities Regulators (MPSR)
The Partnership was established in 2009 and brings together securities regulators from countries along the northern and southern shores of the Mediterranean Sea. Its objective is to enhance cooperation among regulators and promote convergence with international standards and the European Union’s regulatory framework for capital markets, particularly in three key areas: supervision over investment funds, access to financial market information, and combating market abuse.
The FRA served as Chair of the Partnership during the last term prior to the COVID-19 pandemic and hosted the Partnership’s Annual Meeting in Cairo during January 2020. The Chairmanship was subsequently handed over to Spain in 2024.
Fourth: International Forum of Insurance Guarantee Schemes (IFIGS)
Established in 2013, the Forum comprises approximately 30 members and aims to protect the rights of insurance policyholders. It addresses issues related to insurance guarantee schemes through regular annual regional meetings, enhancing international cooperation among supervisory authorities and facilitating the exchange of expertise on providing protection to policyholders in cases of insurer insolvency.
The FRA participates in the Forum as a contributing member, in line with its objectives of ensuring the stability and soundness of non-bank financial markets and protecting the rights of investors and market participants.
For more information, please visit the Forum’s official website:
Fifth: Financial Stability Board (FSB)
The Financial Stability Board was established in 2009 to promote international financial stability through coordination among national financial authorities and international standard-setting bodies, with the aim of developing robust regulatory and supervisory policies and other financial sector policies. It also supports a level playing field by encouraging consistent implementation of these policies across sectors and jurisdictions.
The FSB, through the work exerted by its members, seeks to strengthen financial systems and enhance the stability of international financial markets. The FSB operates six Regional Consultative Groups established in 2011 to broaden and formalize its outreach beyond the G20 membership and to reflect the global nature of the financial system. These include the Regional Consultative Group for the Middle East and North Africa (RCG MENA), in which the Authority participates.
For more information, please visit the Board’s official website:
Sixth: General Arab Insurance Federation (GAIF)
The Federation was established in Cairo in 1964 in response to the aspirations of Arab insurance professionals and Arab insurance and reinsurance companies to create a central institution supporting the Arab insurance industry and advancing its development and integration. This is achieved through the policies and mechanisms set out in its statutes, in a manner that serves the interests of its members.
The GAIF comprises members from 20 Arab countries and aims to strengthen ties between insurance markets and supervisory authorities, enhance cooperation and coordination among them, protect members’ interests, and support the growth and development of the Arab insurance industry.
For more information, please visit the Federation’s official website:
Seventh: International Association of Insurance Supervisors (IAIS)
The Association was established in 1994 and brings together supervisory and regulatory authorities from more than 200 jurisdictions working in the insurance sector. Its objectives include fostering cooperation among members, achieving the highest regulatory and supervisory standards for the insurance sector at both the national and global levels, ensuring the efficiency, fairness, and stability of insurance markets, and protecting the rights of policyholders.
The Association also seeks to unify efforts to establish effective supervisory standards through the exchange of information and expertise, thereby enhancing supervisory practices across member jurisdictions. The FRA has been a member of the IAIS since 2005 and participates in the Prudential Committee, the Standards Assessment Working Group, and the Policy Development Committee Working Group.
For more information, please visit the Association’s official website:
Eighth: Arab Union of Insurance Supervisors (AUIS)
The Union brings together insurance supervisory and regulatory authorities in Arab countries with the objective of achieving harmonization of regulatory frameworks for the insurance sector. This is pursued through the exchange of supervisory information and expertise and by supporting the growth and development of the insurance industry in the region, to the benefit of the Arab insurance sector.
The Arab Union of Insurance Supervisors succeeded the Forum of Arab Insurance Supervisory Authorities at the General Assembly held in Marrakech in December 2019, and its headquarters is located in Abu Dhabi, United Arab Emirates.
Ninth: International Organisation of Pension Supervisors (IOPS)
The Organisation operates in close cooperation with the Organisation for Economic Co-operation and Development (OECD). It was established in 2004 and comprises 88 members and observers representing supervisory authorities from 86 countries, covering a wide range of pension systems and supervisory frameworks, in addition to eight international financial organizations and institutions.
IOPS serves as an international forum for dialogue on supervisory policies, information exchange, and the development of international standards for the supervision of public and private pension funds. It also promotes the adoption of international best practices in pension supervision to enhance the quality and effectiveness of oversight of private pension systems worldwide.
The FRA has retained, for the fifth consecutive term, its membership on the Organisation’s Executive Committee for the period 2024–2025, following its election to the Committee, which is responsible for setting and implementing the Organisation’s strategy and overseeing research projects of common interest to member jurisdictions.
For more information, please visit the Organisation’s official website: