{"id":598385,"date":"2019-05-23T03:44:46","date_gmt":"2019-05-23T03:44:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/"},"modified":"2019-05-23T03:44:46","modified_gmt":"2019-05-23T03:44:46","slug":"egypts-market-regulator-to-review-draft-insurance-act-after-eid-break","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/","title":{"rendered":"Egypt\u2019s market regulator to review draft Insurance Act after Eid break"},"content":{"rendered":"<p><b>LEGISLATION WATCH- Market regulator\u2019s board to review draft Insurance Act after Eid break:<\/b> The Financial Regulatory Authority\u2019s (FRA) board of directors will review the draft Insurance Act following the Eid El Fitr break, FRA boss Mohamed Omran said yesterday, <a href=\"https:\/\/almalnews.com\/%D8%B9%D9%85%D8%B1%D8%A7%D9%86-%D8%B9%D8%B1%D8%B6-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AA%D8%A3%D9%85%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D8%AA%D9%83%D8%A7%D9%85%D9%84-%D8%B9%D9%84%D9%89-%D9%85\/\">according to Al Mal<\/a>. The market regulator had completed drafting the new bill in February. Insurance companies that caught a glimpse of the legislation <a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/31\/insurance-companies-not-happy-with-capital-requirements-in-insurance-act\/\">had previously criticized<\/a> its provisions on minimum capital requirements and reportedly sent comments to the FRA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- Market regulator\u2019s board to review draft Insurance Act after Eid break: The Financial Regulatory Authority\u2019s (FRA) board of directors will review the draft Insurance Act following the Eid El Fitr break, FRA boss Mohamed Omran said yesterday, according to Al Mal. The market regulator had completed drafting the new bill in February. Insurance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,76,180,2380,703],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598385","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-financial-regulatory-authority","tag-legislation","tag-speed-round","tag-unified-insurance-act","wpautop","entry"],"acf":{"mongo_id":"e463b148-4343-47e3-be7e-2fad8c0d9832","is_powered_by":true,"section_story_id":"5165007a-902d-43d0-b9e9-071013232557","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598376],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s market regulator to review draft Insurance Act after Eid break - 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\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s market regulator to review draft Insurance Act after Eid break\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Market regulator\u2019s board to review draft Insurance Act after Eid break: The Financial Regulatory Authority\u2019s (FRA) board of directors will review the draft Insurance Act following the Eid El Fitr break, FRA boss Mohamed Omran said yesterday, according to Al Mal. The market regulator had completed drafting the new bill in February. Insurance [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-23T03:44:46+00:00\" \/>\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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s market regulator to review draft Insurance Act after Eid break\",\"datePublished\":\"2019-05-23T03:44:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/\"},\"wordCount\":93,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Financial Regulatory Authority\",\"legislation\",\"SPEED ROUND\",\"Unified Insurance Act\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-market-regulator-to-review-draft-insurance-act-after-eid-break\/\",\"name\":\"Egypt\u2019s market regulator to review draft Insurance Act after Eid break - 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There was no mention of the outcome of the sessions, which saw participation from industry\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/232.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597547,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/fra-gives-itself-all-regulatory-power-over-industry-in-insurance-act\/","url_meta":{"origin":598385,"position":1},"title":"FRA gives itself all regulatory power over industry in Insurance Act","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"LEGISLATION WATCH- Draft Insurance Act grants sweeping new powers to market regulator: The Financial Regulatory Authority (FRA) will be granted sweeping new powers to regulate the insurance industry under the final draft of the Insurance Act, Al Masry Al Youm reports. The watchdog would vet all candidates applying for board\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":591379,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/egypts-market-regulator-is-putting-the-final-touches-on-the-draft-insurance-act\/","url_meta":{"origin":598385,"position":2},"title":"Egypt\u2019s market regulator is putting the final touches on the draft Insurance Act","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"LEGISLATION WATCH- Market regulator, Justice Ministry putting the final touches on Insurance Act: The Justice Ministry is finalizing the draft of the new Insurance Act, which will grant the authority more oversight over the insurance industry, and will ship it to the House of Representatives for approval, Financial Regulatory Authority\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":605076,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/20\/egypts-fra-to-start-insurance-act-draft-discussion-next-week\/","url_meta":{"origin":598385,"position":3},"title":"Egypt\u2019s FRA to start Insurance Act draft discussion next week","author":"enterpriseam admin","date":"20 December 2018","format":false,"excerpt":"LEGISLATION WATCH- FRA to put draft Insurance Act up for discussion next week: The Financial Regulatory Authority (FRA) has a draft of legislation that would regulate the insurance sector, FRA deputy head Reda Abdel Moaty announced, and will begin public consultations on the draft next week. 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