The Financial Regulatory Authority (FRA) has called for an ongoing nationwide application of the government's precautionary measures, as Egypt looks to restart normal business hours in June. The FRA emphasised that there will be an element of coexistence with the coronavirus (COVID-19), with the precautionary measures needed to protect the health of citizens. The authority has called upon all visitors to undertake all preventive measures that ensure the limited spread of the virus, including wearing medical face masks while visiting the FRA's headquarters. It has also stressed the need to adhere to social distancing, to help further curb the spread of the virus. The FRA emphasised that all employees nationwide that engage in non-banking financial activities, and their clients, adhere to the above precautionary measures during work hours. It called on all executive management officials working in non-banking financial activities to continuously develop and improve their readiness to deal with suspected cases of the coronavirus in their workforce. This includes raising the efficiency of medical clinics to be better prepared for any suspected cases, and bring in sterilisation tools to work areas. The FRA added that it is holding to the executive management of each company responsible for implementing these precautionary measures.
