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Banks will need to transfer funds within hours
Banks are now required to complete EGP transfers within a shorter timeframe under directions (pdf) from the Central Bank of…
How about a vacation to Basel instead?
Banks have until 1 January 2022 to comply with updated Basel III requirements — aka Basel IV — on managing…
The FRA just joined the fight for gender equality
SMART POLICY- Gender parity is getting a push from the Financial Regulatory Authority, which will slash development and service fees…
Sign up for e-invoicing system — or else
The Finance Ministry is instituting a zero-tolerance policy on all large taxpayers that do not join the e-invoicing system by…
Send in the lawyers
A new arbitration center to settle non-banking finance related disputes will be up and running soon. The Financial Regulatory Authority…
Go online or lose your export subsidy
Looking to get export subsidies? Register on the Tax Authority’s electronic invoicing system before July, Tax Authority boss Reda Abdel…
EGX to make it easier for non-Egyptian companies to list — provided they do a lot of business here
Non-Egyptian companies can now list shares in Egypt without meeting high capital requirements, provided they fulfil other conditions, according to…
The EGX has changed how it calculates closing share prices
REGULATION WATCH- The EGX has changed how it calculates closing share prices: Closing share prices on the EGX will be…
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