Under Articles 215, 216, 217, 218, and 221 of the Constitution of the Arab Republic of Egypt, FRA is among four independent body by virtue of the constitution, namely; the Administrative Control Authority, the Central Bank, and the Central Auditing Organization.
The constitution also guarantees the FRA the public legal personality, impartiality, and independence in all financial, administrative and technical aspects, to ensure that it carries out its duties in controlling and regulating non-banking financial markets and instruments, namely: Capital Markets, Future Exchanges, Insurance, Mortgage Finance, Financial Leasing, Factoring and Securitization, microfinance and movable guarantees. The constitution describes FRA as an independent regulatory Authority to distinguish it from other public Authorities
