Under the decision, consumer finance companies will be required to provide specified data through electronic systems.
The report indicated that individual investors account for the largest share of total accounts at 72%, compared with 28% for institutions, highlighting the dominance of retail investors in the gold funds market.
The FRA requires insurance and reinsurance brokerage firms to increase their capital to a minimum of EGP 5 million, while risk assessment, loss inspection, insurance consultancy, and actuarial expertise firms must raise their capital to a minimum of EGP 3 million.
The Financial Regulatory Authority (FRA) has granted approval for two mandatory tender offers (MTOs), clearing both Wafa Assurance and Raya Holding to proceed with acquisition bids
These offerings — spanning gold, cryptocurrencies, real estate, and financial securities — often fall outside the legal framework and can result in serious financial and legal consequences.
