FRA extends March financial statement deadline to end of May – Monday 12  May 2025

  • The decree aims to facilitate listed  companies and entities operating in the non-bank financial sector

 

To facilitate companies listed on the Egyptian Exchange and non-bank financial institutions, FRA Board of Directors chaired by Dr. Mohamed Farid, has issued Decree No. 101 of 2025. This decree extends the deadline for submitting periodic financial statements for these entities.

This decree aligns with FRA’s continuous efforts to cultivate a supportive business environment that enables corporate growth and development through adaptive and timely regulatory measures.

According to Article 1 of the said decree, companies listed on the Egyptian Stock Exchange and other institutions under FRA’s supervision have more time to file their financial statements  for the period ending March 31st , 2025. The new deadline is May 30th , 2025 instead of May 15th 2025.

The decree to extend the filing deadline is underpinned by existing regulations such as Law No. (10) of 2009 on regulating non-banking financial markets and instruments, Presidential Decree No. (192) of 2009 issuing FRA’s Statute Regulations and FRA Board Decree No. (11) of 2014 concerning listing and delisting rules.

Furthermore, Article 2 of the same decree mandates its publication in the Egyptian Gazette and on the websites of both the Financial Regulatory Authority and the Egyptian Exchange. It will take effect the day after its issuance.

 

FRA is notably committed to promote the growth and development of non-bank financial institutions. To this end, it introduces new regulations and legislation designed to facilitate these institutions in achieving their financial and operational objectives, with a primary focus on safeguarding market financial stability and the integrity of transactions. Moreover, FRA seeks to establish a balance among all market participants (investors, institutions, etc.) while ensuring efficient market operations and transparent transactions. This comprehensive approach aims to enable non-bank financial activities to contribute more significantly to the Egyptian economy.

Last modified: May 14, 2025
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