{"id":600856,"date":"2019-02-12T03:42:48","date_gmt":"2019-02-12T03:42:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/"},"modified":"2019-02-12T03:42:48","modified_gmt":"2019-02-12T03:42:48","slug":"fras-non-banking-services-strategy-entered-into-force","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/","title":{"rendered":"FRA\u2019s non-banking services strategy entered into force"},"content":{"rendered":"<p><b>REGULATION WATCH- Financial Regulatory Authority is zeroing in on non-bank financial services: <\/b>The Financial Regulatory Authority\u2019s comprehensive non-banking services strategy has entered the implementation phase, the authority <a href=\"http:\/\/www.fra.gov.eg\/content\/efsa_ar\/efsa_pages\/newslist_page.htm\">said in a statement<\/a> yesterday. The statement sets out ambitious goals for the sector, which the FRA presents as an engine of growth that will enhance access to capital while also mobilizing funding for national projects, among other benefits. Key for business: The FRA explicitly notes it will lead on legislation and regulation for the sector in a bid to improve transparency and curb corruption. The <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/02\/nasr-omran-unveil-new-2018-2022-strategy-for-development-of-non-banking-financial-sector-2\/\">four-year strategy<\/a>, which was first announced last year, would also see the FRA take an active role in growing the volume of Egypt\u2019s mortgage financing market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REGULATION WATCH- Financial Regulatory Authority is zeroing in on non-bank financial services: The Financial Regulatory Authority\u2019s comprehensive non-banking services strategy has entered the implementation phase, the authority said in a statement yesterday. The statement sets out ambitious goals for the sector, which the FRA presents as an engine of growth that will enhance access to [&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":[72,76,11371,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600856","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-financial-regulatory-authority","tag-non-banking-services","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"1bf44088-65d1-45b1-8ffa-2ff75009db9f","is_powered_by":true,"section_story_id":"bfe9a0b2-15c8-4422-a72b-c64c48f86b50","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600837],"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>FRA\u2019s non-banking services strategy entered into force - 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\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA\u2019s non-banking services strategy entered into force\" \/>\n<meta property=\"og:description\" content=\"REGULATION WATCH- Financial Regulatory Authority is zeroing in on non-bank financial services: The Financial Regulatory Authority\u2019s comprehensive non-banking services strategy has entered the implementation phase, the authority said in a statement yesterday. The statement sets out ambitious goals for the sector, which the FRA presents as an engine of growth that will enhance access to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-12T03:42:48+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\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\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA\u2019s non-banking services strategy entered into force\",\"datePublished\":\"2019-02-12T03:42:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/\"},\"wordCount\":129,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Financial Regulatory Authority\",\"non-banking services\",\"regulation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/fras-non-banking-services-strategy-entered-into-force\/\",\"name\":\"FRA\u2019s non-banking services strategy entered into force - 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The contracts will pay out an amount equivalent to the loans in the\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":571772,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/31\/egypts-fra-to-begin-stress-testing-nbfs-institutions\/","url_meta":{"origin":600856,"position":3},"title":"Egypt\u2019s FRA to begin stress-testing NBFS institutions","author":"enterpriseam admin","date":"31 May 2020","format":false,"excerpt":"FRA to begin stress-testing NBFS institutions: The Financial Regulatory Authority (FRA) has developed an analytical stress testing tool to gauge the impact of macroeconomic crises on the non-bank financial services sector, FRA boss Mohamed Omran said. Stress testing is typically used to weigh investment risk and asset quality, and help\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":602741,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/04\/fra-publishes-consumer-protection-guidebook-for-its-industries\/","url_meta":{"origin":600856,"position":4},"title":"FRA publishes consumer protection guidebook for its industries","author":"enterpriseam admin","date":"4 April 2019","format":false,"excerpt":"The Financial Regulatory Authority (FRA) has put out a consumer protection guidebook (pdf) for capital markets, insurance and other non-banking financial services, according to an FRA statement. Any organization offering a service regulated by the FRA will be required to post a copy of the document online and to present\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":601486,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/03\/egypt-gets-its-first-federation-for-securities\/","url_meta":{"origin":600856,"position":5},"title":"Egypt gets its first federation for securities","author":"enterpriseam admin","date":"3 March 2019","format":false,"excerpt":"Egypt gets its first federation for securities: The Financial Regulatory Authority (FRA) has approved the bylaws establishing Egypt\u2019s first federation for securities, according to a statement. 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