Sisi signs law on use of financial technology in non-banking financial activities

Egyptian President Abdel Fattah El Sisi signed on Monday 14/2/2022 Law No.5/2022 regulating control of markets and developing the use of financial technology in non-banking financial activities.

The Board of Directors of the Financial Regulatory Authority is scheduled to issue the law’s executive regulations within six months.

The law was published in the official gazette.

Source: State Information Service Egypt