In an open lecture at Alexandria University, Egypt Financial Regulatory Authority Chairman Islam Azzam outlined the authority’s approach to supervising and developing nonbank financial markets while protecting customers. He discussed access to capital market, insurance and nonbank financing products, particularly for young people and women, as well as the authority’s support for financial technology and innovation. Azzam reviewed recent regulatory measures aimed at improving product and service quality, transparency, governance and risk management, while ensuring customers receive information needed for financial and investment decisions. He also addressed developments in investment funds, carbon markets and insurance and financing services, and called for cooperation with universities and industry bodies to strengthen financial literacy and understanding of saving, investment, financing and insurance.
Egypt Financial Regulatory Authority outlines nonbank finance oversight and financial literacy priorities
Egypt Financial Regulatory Authority Chairman Islam Azzam outlined the authority’s oversight of nonbank finance and its support for market development, financial technology and wider access to services. He reviewed regulatory measures focused on product quality, transparency, governance, risk management and informed customer decisions, while emphasizing financial education for young people.