The Egypt Financial Regulatory Authority clarified, following inaccurate media coverage of its earlier statement on assigned property debts, that it has issued no new decisions or instructions and has not prohibited contract clauses allowing the assignment of rights, which the Civil Code permits and regulates under Chapter One of Title Four.
2026-09-03Egypt Financial Regulatory Authority
Egypt Financial Regulatory Authority clarifies no new restrictions on assigning rights in property developer contracts
The Egypt Financial Regulatory Authority clarified that it has neither introduced new rules nor banned clauses allowing the assignment of rights in property developer contracts, a practice permitted and regulated by the Civil Code.