{"id":629859,"date":"2018-04-03T04:06:42","date_gmt":"2018-04-03T04:06:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/"},"modified":"2018-04-03T04:06:42","modified_gmt":"2018-04-03T04:06:42","slug":"fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/","title":{"rendered":"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>LEGISLATION WATCH- FRA stakes total claim to insurance sector in amendments to the Insurance Act:<\/strong> Recently-drafted amendments to the Insurance Act would give Financial Regulatory Authority (FRA) chief Mohamed Omran complete dominion over the sector. The amendments would give FRA complete regulatory control over he sector, governing everything from the establishment and licensing of insurance companies, procedures for M&A in the sector, as well as setting standards and practices for the industry, Omran said on Monday, <a href=\"http:\/\/www.almalnews.com\/Story\/371034\/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%AF%D8%B1%D8%B3-%D8%A5%D8%B9%D9%81%D8%A7%D8%A1-%D8%A7%D9%84%D8%AA%D8%A3%D9%85%D9%8A%D9%86-%D9%85%D8%AA%D9%86%D8%A7%D9%87%D9%89-%D8%A7%D9%84%D8%B5%D8%BA%D8%B1-%D9%85%D9%86-%D8%B1%D8%B3%D9%88%D9%85-%D8%A7%D9%84%D8%A5%D8%B4%D8%B1%D8%A7%D9%81\">according to Al Mal<\/a>. The changes would also <strong>make the FRA the primary regulatory body for the health insurance industry<\/strong>. Speaking at a conference to promote 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\/\">Investment Ministry\u2019s 2018-2022 strategy<\/a> to drive growth of the non-bank financial sector, Omran said that FRA will also have powers to regulate the minute transactions of the industry, including insurance contracts, setting regs for <a href=\"http:\/\/www.almalnews.com\/Story\/371048\/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%AA%D8%A8%D9%86%D9%89-%D8%A5%D8%B9%D8%AF%D8%A7%D8%AF-%D8%AC%D8%AF%D9%88%D9%84-%D8%AD%D9%8A%D8%A7%D8%A9-%D9%85%D8%B5%D8%B1%D9%89-%D9%84%D8%AA%D9%86%D9%88%D9%8A%D8%B9-%D9%85%D9%86%D8%AA%D8%AC%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%A3%D9%85%D9%8A%D9%86\">life insurance policies<\/a>, and regulating online insurance services.<\/p>\n<p><strong>Crackdown on private insurance funds:<\/strong> Also speaking at the conference was Mohamed Maait, who reiterated that private social welfare funds(commonly known as private insurance funds) will also be placed under FRA\u2019s remit, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1859891.aspx\">Ahram Gate reports<\/a>. Maait suggested that the move was part of a wider crackdown on the number of unregistered welfare funds, which will be subject to asset freezes in a forthcoming enforcement drive<\/p>\n<p><strong>SMEs at the center of new insurance policy:<\/strong> On the policy front, Omran reiterated that FRA\u2019s strategy for the industry will include granting incentives to provide insurance to SMEs. These will include lowering insurance fees for SMEs, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- FRA stakes total claim to insurance sector in amendments to the Insurance Act: Recently-drafted amendments to the Insurance Act would give Financial Regulatory Authority (FRA) chief Mohamed Omran complete dominion over the sector. The amendments would give FRA complete regulatory control over he sector, governing everything from the establishment and licensing of 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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-629859","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8d580293-a650-4323-ae8c-4860149969b8","order":"0","is_powered_by":true,"section_story_id":"2c1e142d-86b8-4938-a3ef-538bd3c01666","story_type":"1","photo_url":"","photo_position":"above","related_issue":[629846],"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 stakes claim total claim to insurance sector in amendments to the Insurance Act - 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\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- FRA stakes total claim to insurance sector in amendments to the Insurance Act: Recently-drafted amendments to the Insurance Act would give Financial Regulatory Authority (FRA) chief Mohamed Omran complete dominion over the sector. The amendments would give FRA complete regulatory control over he sector, governing everything from the establishment and licensing of insurance [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-03T04:06:42+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\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act\",\"datePublished\":\"2018-04-03T04:06:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\"},\"wordCount\":268,\"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\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\",\"name\":\"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-04-03T04:06:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act\"}]},{\"@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 stakes claim total claim to insurance sector in amendments to the Insurance Act - 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\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/","og_locale":"en_US","og_type":"article","og_title":"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act","og_description":"LEGISLATION WATCH- FRA stakes total claim to insurance sector in amendments to the Insurance Act: Recently-drafted amendments to the Insurance Act would give Financial Regulatory Authority (FRA) chief Mohamed Omran complete dominion over the sector. The amendments would give FRA complete regulatory control over he sector, governing everything from the establishment and licensing of insurance [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-04-03T04:06:42+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\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act","datePublished":"2018-04-03T04:06:42+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/"},"wordCount":268,"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\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/","name":"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-04-03T04:06:42+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"FRA stakes claim total claim to insurance sector in amendments to the Insurance Act"}]},{"@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":629859,"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":575374,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/13\/four-insurance-company-license-applications-under-review-from-egypts-regulator\/","url_meta":{"origin":629859,"position":1},"title":"Four insurance company license applications under review from Egypt\u2019s regulator","author":"enterpriseam admin","date":"13 October 2020","format":false,"excerpt":"Four more companies are looking to enter the insurance market and have license applications under review at the Financial Regulatory Authority (FRA), deputy head of the authority Reda Abdel Moaty told Hapi Journal on the sidelines of the Regional Forum for Medical Insurance and Healthcare. Under the universal healthcare act,\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\/10\/128.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628575,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/fra-introduces-amendments-to-insurance-act-governing-micro-sized-insurance-companies\/","url_meta":{"origin":629859,"position":2},"title":"FRA introduces amendments to Insurance Act governing micro-sized insurance companies","author":"enterpriseam admin","date":"8 May 2018","format":false,"excerpt":"LEGISLATION WATCH- FRA introduces amendments to Insurance Act establishing micro-sized insurance companies: The Financial Regulatory Authority (FRA) has introduced new amendments to the Insurance Act that would open the door for the establishment of micro-sized insurance companies, FRA deputy head Reda Abdel Moty said, Al Mal reports. The amendments would\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":572042,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/09\/fra-suspends-issuing-insurance-licenses-for-a-year-new-regs-require-auditors-to-be-insured\/","url_meta":{"origin":629859,"position":3},"title":"FRA suspends issuing insurance licenses for a year; new regs require auditors to be insured","author":"enterpriseam admin","date":"9 June 2020","format":false,"excerpt":"REGULATION WATCH- FRA suspends issuing insurance licenses for a year; auditors will need to be insured: The Financial Regulatory Authority (FRA) has placed a one-year moratorium on issuing licenses for insurance and insurance brokers, a statement (pdf) by the authority said. Chairman Mohamed Omran said that current brokerage activity meets\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":595784,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/06\/fra-give-itself-more-power-in-insurance-act\/","url_meta":{"origin":629859,"position":4},"title":"FRA give itself more power in Insurance Act","author":"enterpriseam admin","date":"6 August 2019","format":false,"excerpt":"LEGISLATION WATCH- FRA makes new amendments to the Insurance Act: The financial Regulatory Authority (FRA) has made new amendments to the final draft of the Insurance Act to encourage financial inclusion, Youm7 reported. The amendments include requiring insurance companies to present a certificate from a CBE-registered bank as proof that\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\/2019\/8\/1971.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598642,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/egypts-fra-wraps-up-insurance-act-consultations\/","url_meta":{"origin":629859,"position":5},"title":"Egypt\u2019s FRA wraps up Insurance Act consultations","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"LEGISLATION WATCH- Regulator wraps up Insurance Act consultations: The Financial Regulatory Authority (FRA) has wrapped up several rounds of consultations on the new Insurance Act, FRA head Mohamed Omran said, according to a statement (pdf). 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/629859","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=629859"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/629859\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/629846"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=629859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=629859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=629859"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=629859"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=629859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}