{"id":600945,"date":"2019-02-14T04:04:38","date_gmt":"2019-02-14T04:04:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/"},"modified":"2019-02-14T04:04:38","modified_gmt":"2019-02-14T04:04:38","slug":"cabinet-nods-to-law-granting-egypts-fra-operational-autonomy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/","title":{"rendered":"Cabinet nods to law granting Egypt\u2019s FRA operational autonomy"},"content":{"rendered":"

<\/a> CABINET WATCH- Cabinet gives nod to autonomy for the Financial Regulatory Authority: <\/b>The Madbouly Cabinet approved yesterday a draft act that would grant the Financial Regulatory Authority (FRA) technical, financial and administrative autonomy from the government, according to a statement<\/a>. The proposed law would require the FRA to submit an annual report on its activities and the performance of the non-banking financial services industry to the president, prime minister, and House speaker. The bill also outlines the structure of the authority and the procedures for appointing its head and board members, but provides few other details on how the FRA\u2019s role would change. The regulator was established in 2009<\/a> as an independent entity but is still subject to oversight from (and reports to) cabinet.<\/p>\n","protected":false},"excerpt":{"rendered":"

CABINET WATCH- Cabinet gives nod to autonomy for the Financial Regulatory Authority: The Madbouly Cabinet approved yesterday a draft act that would grant the Financial Regulatory Authority (FRA) technical, financial and administrative autonomy from the government, according to a statement. The proposed law would require the FRA to submit an annual report on its activities […]<\/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":[72,7087,180,595,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600945","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-finance","tag-legislation","tag-non-banking-financial-services","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"b1479fdd-0fd1-4625-96e5-24782a870dbb","is_powered_by":true,"section_story_id":"4ba3fe04-554c-4006-b2b4-cd234eb9676f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600935],"teaser":"","voice_url":""},"yoast_head":"\nCabinet nods to law granting Egypt\u2019s FRA operational autonomy - 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\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet nods to law granting Egypt\u2019s FRA operational autonomy\" \/>\n<meta property=\"og:description\" content=\"CABINET WATCH- Cabinet gives nod to autonomy for the Financial Regulatory Authority: The Madbouly Cabinet approved yesterday a draft act that would grant the Financial Regulatory Authority (FRA) technical, financial and administrative autonomy from the government, according to a statement. The proposed law would require the FRA to submit an annual report on its activities […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-14T04:04:38+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\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cabinet nods to law granting Egypt\u2019s FRA operational autonomy\",\"datePublished\":\"2019-02-14T04:04:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"legislation\",\"non-banking financial services\",\"regulation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/cabinet-nods-to-law-granting-egypts-fra-operational-autonomy\/\",\"name\":\"Cabinet nods to law granting Egypt\u2019s FRA operational autonomy - 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