{"id":24288303,"date":"2026-07-19T15:09:46","date_gmt":"2026-07-19T12:09:46","guid":{"rendered":"https:\/\/fra.gov.eg\/fra_news\/%d8%af-%d8%a5%d8%b3%d9%84%d8%a7%d9%85-%d8%b9%d8%b2%d8%a7%d9%85-%d8%b1%d8%a6%d9%8a%d8%b3-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d9%8a%d8%b5%d8%af%d8%b1\/"},"modified":"2026-07-21T12:41:32","modified_gmt":"2026-07-21T09:41:32","slug":"%d8%af-%d8%a5%d8%b3%d9%84%d8%a7%d9%85-%d8%b9%d8%b2%d8%a7%d9%85-%d8%b1%d8%a6%d9%8a%d8%b3-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d9%8a%d8%b5%d8%af%d8%b1","status":"publish","type":"fra_news","link":"https:\/\/fra.gov.eg\/en\/fra_news\/%d8%af-%d8%a5%d8%b3%d9%84%d8%a7%d9%85-%d8%b9%d8%b2%d8%a7%d9%85-%d8%b1%d8%a6%d9%8a%d8%b3-%d8%a7%d9%84%d8%b1%d9%82%d8%a7%d8%a8%d8%a9-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a%d8%a9-%d9%8a%d8%b5%d8%af%d8%b1\/","title":{"rendered":"FRA Chairman Forms Coordination Committee with Egyptian Exchange and Tax Authority &#8211;  Sunday 19 July 2026"},"content":{"rendered":"<ul>\n<li style=\"text-align: left\"><span style=\"color: #800000\">Draft appropriate tax treatment frameworks for capital market activities.<\/span><\/li>\n<li style=\"text-align: left\"><span style=\"color: #800000\">Issue joint guidelines for tax accounting mechanisms and compliance standards.<\/span><\/li>\n<li style=\"text-align: left\"><span style=\"color: #800000\">Define clear procedures for collecting and remitting taxes on securities trading and investment funds.<\/span><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left\"><span style=\"color: #800000\"><strong>Driven by the importance of aligning regulatory and executive roles, supporting capital market stability, deepening market liquidity and encouraging investor activity, Dr. Islam Azzam, \u00a0FRA Chairman issued a decision to form a joint coordination committee comprising FRA, Egyptian Exchange (EGX) and Egyptian Tax Authority.<\/strong><\/span><\/p>\n<p dir=\"ltr\" style=\"text-align: left\">This decision follows a recent high-level meeting hosted by the Financial Regulatory Authority (FRA), which brought together Rasha Abd El-Aal, Head of the Egyptian Tax Authority and Omar Radwan, Executive Chairman of the Egyptian Exchange (EGX), along with senior officials from all three entities. The meeting focused on establishing joint frameworks for tax treatment, professional training and administrative mechanisms designed to strengthen trust between tax authorities and the capital markets community.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">Under this decision, the Committee will be chaired by Counsellor Reda Abdel Moati, Senior Advisor to FRA, and will comprise senior leaders from FRA, EGX and the Egyptian Tax Authority. The Committee is authorized to consult non-voting subject-matter experts as needed. A dedicated technical secretariat has also been established, featuring representatives from FRA\u2019s Trading Department, EGX and Tax Authority.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">The Committee will review tax implications under the Capital Market Law to deliver standardized tax treatments across financial activities. Additionally, it will draft a Memorandum of Understanding (MoU) to establish joint training, skill transfers and knowledge sharing among the three participating entities.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">On an operational level, the Committee will follow up on electronic network linking between Tax Authority and EGX. Additionally, it will draft joint manuals detailing tax accounting procedures for listed and unlisted securities and investment funds with a clear classification system for all funds.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">\u00a0Finally, the Committee will review existing tax guidelines to align them with current legislation and market dynamics. This will establish precise operational frameworks for calculating, collecting and remitting taxes on securities trading and investment funds.<\/p>\n<p dir=\"ltr\" style=\"text-align: left\">\u201cFRA, EGX, and Tax Authority share a unified commitment to reinforce trust and strategic alignment between tax administration and the non-banking financial sector,&#8221; stated Dr. Islam Azzam. &#8220;This committee serves as an essential operational driver to build capacity, implement up-to-date legislative frameworks and elevate the efficiency of regulatory staff engaging with markets and investors.&#8221;<\/p>\n","protected":false},"author":124,"featured_media":23520580,"parent":0,"template":"","format":"standard","categories":[142,144],"tags":[3791,3792,3844,3910,5369],"fra_news_taxonomy":[2137,2138],"news_paper_taxonomy":[],"_links":{"self":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news\/24288303"}],"collection":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news"}],"about":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/types\/fra_news"}],"author":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/users\/124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media\/23520580"}],"wp:attachment":[{"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/media?parent=24288303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/categories?post=24288303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/tags?post=24288303"},{"taxonomy":"fra_news_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/fra_news_taxonomy?post=24288303"},{"taxonomy":"news_paper_taxonomy","embeddable":true,"href":"https:\/\/fra.gov.eg\/en\/wp-json\/wp\/v2\/news_paper_taxonomy?post=24288303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}