1 Day_1777352244987_250242181.png&w=48&q=75)
Source:
بوابة الأهرام
Financial Authority extends pension fund compliance deadline
The General Authority for Financial Control has decided to extend the deadline for the regularization of government insurance funds by an additional three months to facilitate their compliance with investment regulations. The new deadline is now set for September 3rd. This decision comes within the framework of enhancing the efficiency of fund management and ensuring their financial stability, as the original deadline had expired on June 3rd. The extension includes a requirement for an investment percentage ranging from 5% to 20% in listed stock exchange funds, along with restrictions on investing funds from a single fund. The aim of this decision is to protect stakeholders and ensure transparency and oversight of government funds' operations.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)