Financial Authority mandates OTP for clients during contracting and financing
Dr. Islam Ezzam, Chairman of the Financial Regulatory Authority, confirmed that the Authority is committed to imposing sanctions on those who violate regulatory rules related to the accuracy of client data across all non-banking financial activities. He emphasized that there is zero tolerance for any violations, in accordance with Decision No. 186 of 2024 and its amendments, the most recent being Decision No. 133 of 2026 issued in July.
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