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Source: المصري اليوم
1 Dayالمصري اليوم
Source: المصري اليوم
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The General Authority for Financial Supervision has decided to extend the deadline for non-banking finance companies by an additional six months, until January 22, 2027, to allow them to comply with the registration requirements in the new collection activity register. This decision aims to enhance supervision over collection operations and protect clients' rights, especially in light of negative practices observed in previous collection processes. The extension represents a regulatory development intended to enable companies to meet the necessary conditions, reduce on-the-ground issues, and positively influence staff behavior, thus promoting discipline in the collection process.
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