{"id":562426,"date":"2021-05-24T03:36:19","date_gmt":"2021-05-24T03:36:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/"},"modified":"2021-05-24T03:36:19","modified_gmt":"2021-05-24T03:36:19","slug":"fras-fintech-bill-gets-preliminary-house-committee-nod","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/","title":{"rendered":"FRA\u2019s fintech bill gets preliminary house committee nod"},"content":{"rendered":"

<\/a> The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space<\/strong>, Masrawy<\/a> reports. The new law would regulate the use of fintech to deliver non-banking financial services (NBFS) in a bid to expand the sector\u2019s beneficiaries and promote financial inclusion by granting the Financial Regulatory Authority (FRA) the power to license and regulate NBFS businesses and fintech startups. Under the law, the FRA would have supervisory powers over the sector to ensure companies adhere to transparency and governance standards, in addition to protecting consumer rights. The FRA had drafted and approved the bill last year<\/a>.<\/p>\n

ALSO FROM UNDER PARLIAMENT\u2019S DOME-<\/strong> Parliament rubber stamps public sector salary hikes:<\/strong> The House of Representatives\u2019 general assembly gave its final approval yesterday to a bill<\/a> raising basic salaries for public sector employees by 13% at the start of the next fiscal year on 1 July, according to Masrawy<\/a>. The decision applies equally to employees covered by the Civil Service Act and those employed outside it. The same decision also stipulates an EGP 75 minimum increase to the monthly gross salaries of civil servants whose employment is not covered by the act, who will receive annual raises at the start of the fiscal year. It also increases monthly bonuses for state officials by a minimum of EGP 175 and a maximum of EGP 400, depending on rank.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space, Masrawy reports. The new law would regulate the use of fintech to deliver non-banking financial services (NBFS) in a bid to expand the sector\u2019s beneficiaries and promote financial inclusion by granting the Financial Regulatory Authority (FRA) […]<\/p>\n","protected":false},"author":1,"featured_media":562427,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[72,183,274,187,71],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-enterpriseam","tag-fintech","tag-house-of-representatives","tag-legislation-watch","tag-minimum-wage","wpautop","entry"],"acf":{"mongo_id":"30d15bee-ceda-4044-aefc-8e2c73d6ef1c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/5\/206.jpg","photo_position":"above","related_issue":[562415],"teaser":"","voice_url":""},"yoast_head":"\nFRA\u2019s fintech bill gets preliminary house committee nod - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA\u2019s fintech bill gets preliminary house committee nod\" \/>\n<meta property=\"og:description\" content=\"The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space, Masrawy reports. The new law would regulate the use of fintech to deliver non-banking financial services (NBFS) in a bid to expand the sector\u2019s beneficiaries and promote financial inclusion by granting the Financial Regulatory Authority (FRA) […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-24T03:36:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA\u2019s fintech bill gets preliminary house committee nod\",\"datePublished\":\"2021-05-24T03:36:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\"},\"wordCount\":236,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Fintech\",\"House of Representatives\",\"Legislation Watch\",\"minimum wage\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\",\"name\":\"FRA\u2019s fintech bill gets preliminary house committee nod - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-05-24T03:36:19+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA\u2019s fintech bill gets preliminary house committee nod\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FRA\u2019s fintech bill gets preliminary house committee nod - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/","og_locale":"en_US","og_type":"article","og_title":"FRA\u2019s fintech bill gets preliminary house committee nod","og_description":"The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space, Masrawy reports. The new law would regulate the use of fintech to deliver non-banking financial services (NBFS) in a bid to expand the sector\u2019s beneficiaries and promote financial inclusion by granting the Financial Regulatory Authority (FRA) […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-05-24T03:36:19+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA\u2019s fintech bill gets preliminary house committee nod","datePublished":"2021-05-24T03:36:19+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/"},"wordCount":236,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","Fintech","House of Representatives","Legislation Watch","minimum wage"],"articleSection":["LEGISLATION WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/","name":"FRA\u2019s fintech bill gets preliminary house committee nod - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1","datePublished":"2021-05-24T03:36:19+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/24\/fras-fintech-bill-gets-preliminary-house-committee-nod\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA\u2019s fintech bill gets preliminary house committee nod"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/206.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":556260,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/house-committee-gives-final-nod-to-proposed-fintech-law\/","url_meta":{"origin":562426,"position":0},"title":"House committee gives final nod to proposed fintech law","author":"enterpriseam admin","date":"18 October 2021","format":false,"excerpt":"The House of Representatives\u2019 CIT Committee yesterday gave final approval to a draft law to regulate Egypt\u2019s fintech sector, Al Mal reports. The proposed law would govern fintech use by non-banking financial services (NBFS) providers, as well as put the Financial Regulatory Authority in charge of overseeing the fintech space.\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555872,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/30\/fintech-regs-get-preliminary-house-approval\/","url_meta":{"origin":562426,"position":1},"title":"Fintech regs get preliminary House approval","author":"enterpriseam admin","date":"30 November 2021","format":false,"excerpt":"A draft law that would regulate the fintech space received a preliminary nod from the House of Representatives during its plenary session yesterday, according to Al Borsa. The new law would, if passed, regulate the use of fintech to deliver non-banking financial services (NBFS) in a bid to promote financial\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/654.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542625,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/09\/egypt-now-has-a-regulatory-framework-for-the-fintech-industry\/","url_meta":{"origin":562426,"position":2},"title":"Egypt now has a regulatory framework for the fintech industry","author":"enterpriseam admin","date":"9 January 2022","format":false,"excerpt":"Fintech, consider yourself regulated: Legislation to regulate the fintech industry received final approval from the House of Representatives on Wednesday, according to Al Borsa. The bill, which was first drawn up by the Financial Regulatory Authority (FRA) in 2020, hands the regulator broad powers over licensing and corporate governance in\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/89.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561441,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/07\/cabinet-approves-draft-bill-to-regulate-fintech-industry\/","url_meta":{"origin":562426,"position":3},"title":"Cabinet approves draft bill to regulate fintech industry","author":"enterpriseam admin","date":"7 April 2021","format":false,"excerpt":"The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday, cabinet said in a statement. The new law would regulate the use of fintech to deliver non-banking financial services (NBFS) in a bid to promote financial inclusion and expand the\u2026","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568641,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/29\/fra-to-draft-law-to-regulate-fintech-sector-omran\/","url_meta":{"origin":562426,"position":4},"title":"FRA to draft law to regulate fintech sector -Omran","author":"enterpriseam admin","date":"29 January 2020","format":false,"excerpt":"LEGISLATION WATCH- The Financial Regulatory Authority (FRA) will begin working on a draft law to regulate the fintech industry in collaboration with the European Bank for Reconstruction & Development, FRA boss Mohamed Omran said, according to Al Shorouk. The authority has been considering legislation to govern crowdfunding, but decided to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573306,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/28\/fra-completes-first-draft-of-law-to-regulate-fintech-industry\/","url_meta":{"origin":562426,"position":5},"title":"FRA completes first draft of law to regulate fintech industry","author":"enterpriseam admin","date":"28 July 2020","format":false,"excerpt":"LEGISLATION WATCH- The Financial Regulatory Authority (FRA) has finished the first draft of a law that will govern the fintech space, and expects to draw up a final version within one month, Abdelhamid Ibrahim, FRA board member and head of the committee drafting the law, tells Al Mal. The bill\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/228.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=562426"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562426\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562415"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/562427"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562426"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562426"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}