Omran: FRA becomes member of FC4S Network

CAIRO, June 12 (MENA) - Chairman of the Financial Regulatory Authority (FRA) Mohamed Omran announced that his authority is now a member of the International Network of Financial Centers for Sustainability (FC4S Network) after it agreed on the authority's accession to its networks worldwide.

In a statement on Wednesday, Omran said that joining the FC4S Network will enable the non-banking financial sector in Egypt to achieve its first steps to set up a regional financial center for sustainable development solutions in Cairo.

The FC4S Network is the global platform for financial center action on green and sustainable finance.

The FC4S Network is structured as a partnership between financial centers and the United Nations Environment Program, which acts as its Convenor and Secretariat.