General Requirements for Arbitrator Registration

In accordance with Article No. (2) of the Center’s Board of Trustees Resolution No. (1) of 2021
Whoever applies for registration in the Center’s roster of arbitrators or mediators must fulfill the following conditions:

1. Eligibility:

   1. Applicants must be natural persons possessing legal capacity.

   2. Applicants must have an appropriate higher qualification. 

   3. Applicants must demonstrate good conduct and reputation.

   4.The applicant for registration on the schedule must meet any of the following experience conditions:

       a. At least ten years of experience in one of the financial, economic, legal, or information and communications technology fields related to the non-banking financial activity in which the applicant wishes to enroll in his department.

       b. At least seven years of experience for who has obtained a master’s degree in one of the financial, economic, legal, or information and communications technology fields related to non-banking financial activity in which the applicant wishes to enroll in the department.

       c. At least five years of experience for who has obtained a doctorate degree in one of the financial, economic, legal, or information and communications technology fields related to non-banking financial activity in which the applicant wishes to enroll in the department. 

     5.  Completion of Designated Programs and Training Courses specified by the Center. 

     6. The applicant must not have been sentenced to a felony or misdemeanor penalty for a crime against honor or trust, or for one of the serious crimes stipulated in the laws regulating non-banking financial activities or stipulated in the Central Bank and Banking System Law or the Anti-Money Laundering Law, or he must have been declared bankrupt, within The five years preceding the submission of the registration application, unless he has been rehabilitated (1)

     7. The applicant must not have previously been disciplinarily dismissed from service or prevented from practicing any other profession, and no administrative measure has been issued against him during the three years preceding the registration request, with the exception of a warning.

     8. Payment for registration fees which is an amount of five thousand Egyptian pounds for each section in which registration is requested, to be paid once.

- In applying the provisions of this decision, serious crimes mean crimes punishable by imprisonment or a fine of no less than five hundred thousand pounds in any of the laws regulating non-banking financial activities, the Central Bank and Banking System Law, or the Anti-Money Laundering Law.

- General conditions for registering arbitrators:

1.  At least ten years of experience in non-banking financial activity

2.  At least seven years of experience for those who have obtained a master’s degree related to non-banking financial activity

3.  At least five years of experience for those who have obtained a doctorate degree related to non-banking financial activity.

     9. Application Fee: 

    a. A non-refundable application fee of EGP 300 is required.

    10. Submission Requirements:

    a. Applicants must include their Curriculum Vitae (CV) along with the application.

    11. Evaluation Process:

   a. The Center will review and assess all registration applications. Successful applicants will be invited for personal interviews.

   12. Exemptions from Personal Interview:

   a. The requirement for a personal interview is waived for individuals falling under the following categories:

      i. Government officials as defined by Law No. 106 of 2013.

      ii. Individuals who have served as president, vice president, or member of the board of directors of international, regional, or local bodies dealing with banking or non-bank financing, investment, or credit, for a minimum period of two years.

      iii. Former Supreme Court judges or judges in equivalent judicial authorities.

      iv. Individuals who have managed arbitration and mediation centers or institutions established under international or regional agreements or laws.

      v. University professors specializing in banking or non-banking financing, investment, or credit fields.

      vi. Individuals with experience serving as arbitrators in at least four (4) arbitration cases or conducting at least four (4) mediation procedures.

      13. Registration Fee:

     a. The registration fee for each financial activity is EGP 5000, payable once upon registration.

      14. Validity Period:

    a. Registration is valid for a period of three (3) years.