FRA - Financial Regulatory Authority / Egyptian Financial Supervisory Authority (EFSA)

The Financial Regulatory Authority is a public Authority, having a legal status, established in accordance to law 10 of the year 2009.
The Authority is responsible for supervising and regulating non-banking financial markets and instruments, including the Capital Market, the Exchange, all activities related to Insurance Services, Mortgage Finance, Financial Leasing, Factoring and Securitization. FRA's role is to regulate the market and ensure its stability and competitiveness to attract more local and foreign investments " The mandate of the Authority also includes limiting inconsistency risks and addressing problems arising from applying different supervisory rules".