الهيئة العامة للرقابة المالية

The Board of Directors of the Financial Regulatory Authority is established pursuant to Article VIII of Presidential Decree No. 193 of 2009 promulgating the Statute of the Financial  Regulatory Authority under the chairmanship of its Chairman and membership of each of the following:

• Vice-Chairpersons
• Deputy Governor of the Central Bank of Egypt selected by the CBE Governor
• Five experts’ members in economics, financial and legal fields nominated by Minister of Investment.

In accordance with Article IX of FRA Statute, the Board of Directors is the supreme authority that dominates its affairs, formulates and implements the policies necessary to achieve its objectives and goals. In this respect,  FRA’s board may take  final decisions as it deems necessary to exercise the Authority’s competencies without the need for their adoption by any administrative entity.

In accordance with article 12 of the Executive Regulations,  Board of Directors shall meet at least twice a month.