الهيئة العامة للرقابة المالية

The FRA Achieves a “Quantum Leap” in the Non-Bank Financial Sector: Launching the First Integrated Services Guide to Enhance Transparency and Data Accessibility – Monday, 1 December 2025

Dr. Mohamed Farid:

• A unified and unprecedented roadmap placing Egypt on the global transparency map in non-bank financial activities
• This landmark achievement reflects the FRA’s vision for a more competitive and transparent financial ecosystem
• We aim to accelerate and streamline the business environment to support economic growth
• The Guide is not merely a reference, but a core operational tool in the FRA’s digital transformation journey

In a historic step representing a major turning point in the development of non-bank financial services, the Financial Regulatory Authority (FRA), chaired by Dr. Mohamed Farid, announced the issuance of its first unified Services Guide. This initiative aims to facilitate the business environment for individuals and companies operating within the non-bank financial system, in line with the FRA’s role as an independent regulator responsible for organizing and developing the non-bank financial sector in the Arab Republic of Egypt.

This unprecedented Guide serves as a key executive tool for institutional transformation and enhancing operational efficiency. It aligns with the FRA’s vision to improve the business environment, simplify procedures, and promote transparency and data accessibility, thereby supporting the development of a robust and advanced non-bank financial sector capable of attracting both local and foreign investments, achieving financial inclusion, and ensuring economic stability.

Dr. Farid, Chairman of the FRA, emphasized that the issuance of this Guide is part of the FRA’s ambitious strategic plan to develop the institutional and regulatory infrastructure of the non-bank financial sector, and to build an enabling and investment-attractive business environment that enhances financial stability, promotes financial inclusion, and protects the rights of all stakeholders.
He added: “This Guide is not merely a reference, but a core operational tool in the FRA’s digital transformation journey, and a starting point for unifying procedures and ensuring fairness and efficiency in the delivery of our services.”

He further noted that the FRA is committed to continuously updating and enhancing its services to reflect global legislative developments and to embody its vision of a more inclusive, sustainable, and competitive non-bank financial sector.

The Guide serves as the official and comprehensive reference for all companies, institutions, and individuals dealing with the FRA across all key sectors under its supervision, including capital markets, insurance activities, and non-bank financial services, as well as other services such as financial reporting, compliance, complaints handling, auditors, and more.
Given its comprehensive scope, the Guide has been designed to achieve the highest levels of transparency by standardizing procedures through clear definitions for each service, specifying required documentation and submission mechanisms, thereby eliminating discretionary interpretations. It also establishes binding and clearly defined timelines for service delivery, ensuring speed and efficiency, in addition to outlining the regulatory rules and frameworks governing each activity.

The Guide provides unprecedented coverage, encompassing all capital market and investment services, including incorporation, trading, investment funds, issuance services, and corporate governance.

It also covers all services related to insurance and reinsurance companies, as well as professional registration in the insurance sector. Similarly, it includes all non-bank financial services such as mortgage finance, financial leasing, factoring, microfinance, and services related to small and medium-sized enterprises.

The Guide aims to strengthen trust by enabling stakeholders to clearly understand their rights and obligations, thereby enhancing confidence and stability in the market. It also represents an advanced step within the FRA’s digital transformation strategy, enabling service delivery through advanced electronic mechanisms based on efficiency and quality standards.

The Financial Regulatory Authority (FRA) invites all stakeholders in non-bank financial activities to benefit from this Guide as a primary and reliable reference. The FRA also affirms that the Guide will be updated periodically to reflect legislative and regulatory developments and to ensure continuous alignment with international best practices.

For immediate access, the full Guide is available on the official website of the Financial Regulatory Authority (click here).