Financial Authority enforces strict rules and promotes awareness
The article focused on the efforts of the Financial Regulatory Authority to organize and improve the performance of the non-banking financial sector in Egypt, including the capital market, insurance, and non-banking financing. Prime Minister Mostafa Madbouly praised the sector's importance and its role in supporting the national economy, emphasizing the need to adhere to regulatory rules and not to tolerate violations. The Authority's chairman explained that recent developments include issuing decisions to ensure a balance between the development of activities and the protection of the rights of participants, along with implementing measures to address violations such as identity impersonation and errors in personal data. Additionally, efforts are being made to strengthen awareness of citizens' rights to ensure market stability and safeguard investors.
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