The Egypt Financial Regulatory Authority has launched an updated electronic system for the Egyptian Movable Collateral Registry, intended to expand the registry’s use and reduce operational burdens in registering and publicising security interests in movable assets. The upgrade also enables individuals to be registered on the system so they can use movable assets as collateral to obtain financing within the formal financial system, supported by a digital notice process designed to protect the rights of all parties. Officials linked the upgrade to faster and more transparent credit processes, including lower financing costs, shorter collateral verification times, reduced credit risk, improved information quality and greater ability to carry out proactive, data-driven supervision, with the platform operating around the clock. The cumulative value of notices recorded in the registry has reached around EGP 4.5 trillion, and the development was described as a joint effort involving coordination with government bodies and the Central Bank of Egypt, including cooperation with the Egyptian Tax Authority to leverage the electronic invoicing system in factoring. The Ministry of Investment and Foreign Trade indicated continued coordination with the Financial Regulatory Authority and other stakeholders to build on the development.
Egypt Financial Regulatory Authority 2026-02-26
Egypt Financial Regulatory Authority launches upgraded Egyptian Movable Collateral Registry and opens registration to individuals
The Egypt Financial Regulatory Authority upgraded the Egyptian Movable Collateral Registry to enhance use and reduce burdens, allowing individuals to register movable assets as collateral. The system aims to improve credit processes, reduce costs, and enable data-driven supervision, with registry notices valued at EGP 4.5 trillion. This development involved collaboration with government bodies and the Central Bank of Egypt, leveraging the electronic invoicing system in factoring.