Egypt s Financial Regulatory Authority (FRA) headquarters. Photo: Al-Ahram
The FRA said it finalised receiving and discussing a number of proposals for the second stage of its 2022-2026 comprehensive strategy for non-financial activities.
The second stage of the strategy is a roadmap for the coming four years that aims to make the FRA one of the pioneering financial monitoring authorities with regional and international impact.
The authority underlined the importance of promoting partnership and cooperation with various market players in order to realise stability in non-financial activities.
The second stage of the strategy prioritises five axes, namely: promoting financial technology use, accelerating digital transformation and realising financial inclusion, bolstering sustainability levels and risk management, building an effective early warning system, improving the legal environment and stepping up financial culture and capacity building development.
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