The Financial Regulatory Authority (FRA) has issued a decision establishing a dedicated register for companies that provide technology-driven risk assessment systems for non-banking financial activities, marking a significant step in regulating the use of advanced technologies within Egypt’s non-banking finance sector. 279 of 2025, a formal register will be established for companies providing technological systems for risk assessment in non-banking finance. The decision prohibits non-banking financial companies and entities from dealing with unregistered risk assessment providers. The decision also grants existing technology-based risk assessment companies a six-month period from the effective date of the decision to regularise their status. It is expected to enhance risk management practices, expand access to non-banking finance for wider segments of society, and contribute to the sustainable growth and stability of non-banking financial activities.

Source: Daily News Egypt January 05, 2026 16:21 UTC