FRA loosens FX financing rules for NBFIs + tightens private bond offerings

· Egyptian market news

FRA loosens FX financing rules for NBFIs + tightens private bond offerings

The Financial Regulatory Authority (FRA) has loosened the foreign-currency financing rules it introduced last year statement

Sale-leaseback gets an FX route:

Cross-border factoring upgrade:

More places to raise FX:

IN CONTEXT- banks tightened banks’ exposure to corporate and securitization bonds

Private bond issuers now face a firm 30-working-day subscription deadline under a Financial Regulatory Authority (FRA) decision (pdf) published late last week. Decision 145/2021 (pdf)

Vouching for collateral:

Narrowing the retail carve-out:

IN CONTEXT- to run a futures exchange index-tracking fund managers court and arbitration rulings auditor-rotation exception

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Original source: enterpriseam.com

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