The Financial Regulatory Authority (FRA) has issued a new regulatory decision establishing a comprehensive framework governing the registration, transfer, amendment and closure of branches of companies licensed to undertake non-banking financial activities. 44 of 2026, non-banking finance companies are prohibited from conducting activities from any premises other than their registered head office without obtaining prior approval from the FRA and registering the branch in the designated official register. The decision sets out detailed documentation and procedural requirements for branch registration. Existing non-banking finance companies have been granted a period of up to six months from the decision’s effective date to regularise their branch status in accordance with the new rules. The decision will enter into force on the day following its publication in Al-Waqa’i’ Al-Masriya and on the FRA’s official website.

Source: Daily News Egypt March 02, 2026 15:18 UTC