Financial Regulatory Authority FRA
Tamer El-Gamal is a seasoned IT professional with extensive experience in database administration and Linux systems management. Currently serving as a Senior Database Administrator and Linux Admin at the Financial Regulatory Authority since February 2008, Tamer is responsible for the installation and configuration of Linux servers, monitoring system performance, and overseeing IT operations. Prior to this role, Tamer worked as a Senior Oracle Developer at Smart Cards Application Company, focusing on analyzing and maintaining systems such as the Tamween Project, and as an Oracle Developer at National Information Technology, where responsibilities included system analysis and development. Tamer holds a degree in Computer Science from Suez Canal University.
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Financial Regulatory Authority FRA
The Financial Regulatory Authority is a public Authority, having a legal status, established in accordance to law 10 of the year 2009. The Authority is responsible for supervising and regulating non-banking financial markets and instruments, including the Capital Market, the Exchange, all activities related to Insurance Services, Mortgage Finance, Financial Leasing, Factoring and Securitization. FRA's role is to regulate the market and ensure its stability and competitiveness to attract more local and foreign investments " The mandate of the Authority also includes limiting inconsistency risks and addressing problems arising from applying different supervisory rules". The Financial Regulatory Authority is replace the Egyptian Insurance Supervisory Authority, the Capital Market Authority, and the Mortgage Finance Authority in application of the provisions of the supervision and regulation of Insurance law no. 10 of 1981, the Capital Market law no. 95 of 1992, the Depository and Central registry law no. 93 of 2000, the Mortgage Finance law no. 148 of 2001, as well as other related laws and decrees that are part of the mandates of the above authorities. FRA is also the admin authority for companies established under the provisions of law of financial leasing issued by law no.95 for year 1995