{"id":627851,"date":"2018-06-13T04:25:48","date_gmt":"2018-06-13T04:25:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/"},"modified":"2018-06-13T04:25:48","modified_gmt":"2018-06-13T04:25:48","slug":"fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/","title":{"rendered":"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs: <\/strong>It appears that the Financial Regulatory Authority (FRA) wants to impose mandatory life insurance coverage on all beneficiaries of SME loans, holding a workshop with NGOs and SME finance organizations to discuss the measure on Tuesday, <a href=\"http:\/\/www.almalnews.com\/Story\/378949\/13\/%D8%A7%D9%84%D8%B1%D9%82%D8%A7%D8%A8%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D8%B3%D8%B9%D9%89-%D9%84%D8%AA%D8%B7%D8%A8%D9%8A%D9%82-%D8%AA%D8%A3%D9%85%D9%8A%D9%86-%D8%A5%D8%AC%D8%A8%D8%A7%D8%B1%D9%8A-%D8%B9%D9%84%D9%89-%D8%B9%D9%85%D9%84%D8%A7%D8%A1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D9%85%D8%AA%D9%86%D8%A7%D9%87%D9%89-%D8%A7%D9%84%D8%B5%D8%BA%D8%B1\">Al Mal reports<\/a>. The stated purpose of the initiative, according to FRA Chairman Mohamed Omran, is to ensure insurance coverage on some 2.4 mn entrepreneurs, who have received around EGP 8.4 bn in SME loans as of 1Q2018. FRA is proposing some form a collective life insurance policy for a number of loan recipients in which they pay a set and minimal premium of no greater than EGP 4 per month. FRA has made <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/08\/fra-introduces-amendments-to-insurance-act-governing-micro-sized-insurance-companies\/\">insurance for SMEs<\/a> a crucial component of its strategy to reform the wider insurance sector, which it is undertaking primarily through <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\">amendments to the Insurance Act<\/a>.<\/p>\n<p><strong>Take this as one part trial balloon, one part bureaucratic maneuvering: <\/strong>The SME financing program is from banks to businesses and so is regulated by CBE. And GAFI is, in most respects, the base line \u201cregulator\u201d of SMEs. The FRA\u2019s standing to impose an insurance requirement on a *non-financial* company taking a loan from a commercial bank is vague, at best (to us, at least. <strong>You lawyerly types out there might have a different view.<\/strong> If so, let us know and we\u2019ll report back here to the community.)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs: It appears that the Financial Regulatory Authority (FRA) wants to impose mandatory life insurance coverage on all beneficiaries of SME loans, holding a workshop with NGOs and SME finance organizations to discuss the measure on Tuesday, Al Mal reports. The stated [&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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627851","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bfee176d-1a60-4fd2-a853-03c18213996f","order":"0","is_powered_by":true,"section_story_id":"e5ae757b-6355-4c8d-9c53-9c50e4949ba6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627836],"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 wants to make life insurance compulsory for recipients of subsidized financing for SMEs - 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\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs\" \/>\n<meta property=\"og:description\" content=\"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs: It appears that the Financial Regulatory Authority (FRA) wants to impose mandatory life insurance coverage on all beneficiaries of SME loans, holding a workshop with NGOs and SME finance organizations to discuss the measure on Tuesday, Al Mal reports. The stated [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-13T04:25:48+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\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs\",\"datePublished\":\"2018-06-13T04:25:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\"},\"wordCount\":251,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\",\"name\":\"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-06-13T04:25:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs\"}]},{\"@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 wants to make life insurance compulsory for recipients of subsidized financing for SMEs - 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\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/","og_locale":"en_US","og_type":"article","og_title":"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs","og_description":"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs: It appears that the Financial Regulatory Authority (FRA) wants to impose mandatory life insurance coverage on all beneficiaries of SME loans, holding a workshop with NGOs and SME finance organizations to discuss the measure on Tuesday, Al Mal reports. The stated [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-06-13T04:25:48+00:00","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\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs","datePublished":"2018-06-13T04:25:48+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/"},"wordCount":251,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/","name":"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-06-13T04:25:48+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/13\/fra-wants-to-make-life-insurance-compulsory-for-recipients-of-subsidized-financing-for-smes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA wants to make life insurance compulsory for recipients of subsidized financing for SMEs"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":627048,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/18\/fra-completes-capital-markets-act-regs-to-make-life-insurance-mandatory-for-sme-financing\/","url_meta":{"origin":627851,"position":0},"title":"FRA completes Capital Markets Act regs, to make life insurance mandatory for SME financing","author":"enterpriseam admin","date":"18 July 2018","format":false,"excerpt":"LEGISLATION WATCH- FRA completes Capital Markets Act regs allowing sukuks, margin trading, futures market, green bonds: The Financial Regulatory Authority (FRA) completed yesterday the final amendments on the executive regulations for the new Capital Markets Act, which include provisions that govern the issuing of green bonds, sukuk, margin trading, and\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":600900,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/egypts-fra-makes-insurance-mandatory-for-microfinance-provider\/","url_meta":{"origin":627851,"position":1},"title":"Egypt\u2019s FRA makes insurance mandatory for microfinance provider","author":"enterpriseam admin","date":"13 February 2019","format":false,"excerpt":"REGULATION WATCH- FRA makes insurance mandatory in micro- and SME finance: The Financial Regulatory Authority (FRA) is forcing microfinance and SME finance players to provide insurance coverage for their borrowers, the authority said in a statement (pdf). 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":597965,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/09\/egypts-fra-mulls-licensing-companies-and-intermediaries-to-act-as-sme-lenders\/","url_meta":{"origin":627851,"position":2},"title":"Egypt\u2019s FRA mulls licensing companies and intermediaries to act as SME lenders","author":"enterpriseam admin","date":"9 May 2019","format":false,"excerpt":"The Financial Regulatory Authority (FRA) is studying issuing licenses to allow companies and financial intermediaries to extend loans to SMEs, FRA boss Mohamed Omran told MENA, according to AMAY. The move comes as part of the authority\u2019s 2018-2022 strategy to promote financial inclusion through offering more diversified non-banking financial services.\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598384,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/egypts-fra-to-bring-sme-financing-under-2014-microfinance-law\/","url_meta":{"origin":627851,"position":3},"title":"Egypt\u2019s FRA to bring SME financing under 2014 microfinance law","author":"enterpriseam admin","date":"23 May 2019","format":false,"excerpt":"LEGISLATION WATCH- FRA to bring SME financing under 2014 microfinance law: Dedicated SME lenders including finance companies and NGOs could be governed under the 2014 microfinance law (pdf) after the Financial Regulatory Authority\u2019s (FRA) board of directors approved amendments to the legislation, the regulator said in a statement (pdf). 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":566760,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/tasaheel-receives-first-sme-microfinancing-license\/","url_meta":{"origin":627851,"position":4},"title":"Tasaheel receives first SME microfinancing license","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Tasaheel received the first SMEs microfinancing license approved by the Financial Regulatory Authority (FRA), according to an FRA statement (pdf). This is the first company in the non-banking sector to be able to finance SME activities under the Microfinancing Act. Tasaheel will now be able to offer micro loans to\u2026","rel":"","context":"In &quot;Microfinance&quot;","block_context":{"text":"Microfinance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/microfinance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625670,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/fra-issues-regulations-for-sme-reinsurance-organizations\/","url_meta":{"origin":627851,"position":5},"title":"FRA issues regulations for SME reinsurance organizations","author":"enterpriseam admin","date":"12 August 2018","format":false,"excerpt":"The Financial Regulatory Authority (FRA) issued regulations and guidelines for NGOs and civil society organizations selling insurance policies to SMEs and their founders, Youm7 reports. These rules include limiting each licensed NGO to selling insurance policies by a single insurance provider, informing FRA of any changes to reinsurance contracts signed\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627851","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=627851"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627851\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627836"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627851"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627851"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}