FRA to compile a “naughty list” of companies in Egypt’s capital market

FRA to compile a “naughty list” of companies in Egypt’s capital market: The Financial Regulatory Authority (FRA) is looking into compiling a database of companies that have violated capital market regulations and making it available to investors and brokerage firms, FRA Vice Chairman Khaled El Nashar tells Youm7. The database would give insight into companies’ histories by listing the number of violations committed and warnings received, according to El Nashar. FRA is set to meet with the Egyptian Credit Bureau (iScore) soon to look into the logistics and details of the database, which will likely be ready to launch by 3Q2018, El Nashar said.