Article No. (2) of the Center’s Board of Trustees Decree No. (1) of 2021

Pursuant to Article No. (2) of the Center’s Board of Trustees Decree No. (1) of 2021, individuals seeking registration in the Center’s mediators registry must fulfill the following conditions:

1. Capacity: The applicant must be a natural person possessing full legal capacity.

2. Qualification: The applicant must hold an appropriate higher education qualification.

3. Character and Reputation: The applicant must demonstrate good conduct and reputable standing.

4. Experience Requirements:

   4.1. A minimum of ten (10) years of experience in financial, economic, legal, or information and communication technology fields relevant to the non-banking financial activities for which registration is sought.

   4.2. For applicants holding a master’s degree in the aforementioned fields related to non-banking financial activities, a minimum of seven (7) years of relevant experience is required.

   4.3. For applicants holding a doctorate degree in the aforementioned fields related to non-banking financial activities, a minimum of five (5) years of relevant experience is required.

5. Training: Completion of designated programs and training courses specified by the Center.

6. Criminal Record: The applicant must not have been convicted of any felony or misdemeanor involving honor or trust, or of serious crimes under the laws regulating non-banking financial activities, the Central Bank and Banking System Law, or the Anti-Money Laundering Law within the five (5) years preceding the registration application, unless the applicant has been rehabilitated.

7. Disciplinary Record: The applicant must not have been subject to any disciplinary dismissal, prohibition from practicing any profession, or administrative measures within the three (3) years preceding the registration application, except for warnings.

8. Payment: Payment of the registration fee of five thousand Egyptian pounds (EGP 5,000) per section of registration, payable once.

Note: For the purposes of this decree, serious crimes are defined as offenses punishable by imprisonment or a fine of no less than five hundred thousand Egyptian pounds (EGP 500,000) under the laws governing non-banking financial activities, the Central Bank and Banking System Law, or the Anti-Money Laundering Law.

This framework ensures that mediators registered with the Center possess the necessary qualifications, experience, integrity, and legal standing to effectively serve in their role within the non-banking financial sector.