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

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

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

2. Qualification: The applicant must possess an appropriate higher qualification.

3. Character and Reputation: The applicant must exhibit good character and reputation.

4. Experience Requirements:

   4.1. Ten years of experience in the financial, economic, legal, or information and communication technology fields related to the non-banking financial activity in which the applicant seeks enrolment.

   4.2. Seven years of experience for individuals holding a master’s degree in the aforementioned fields related to non-banking financial activity.

   4.3. Five years of experience for individuals holding a doctorate degree in the aforementioned fields related to non-banking financial activity.

5. Training: Fulfillment of the programs and training courses specified by the center.

6. Criminal Record: The applicant must not have been convicted of a felony or misdemeanor affecting honor or trust, or of serious crimes as stipulated in the laws governing non-banking financial activities, the Central Bank and the Banking System Law, or the Anti-Money Laundering Law, within the five years preceding the submission of the registration application, unless rehabilitated.

7. Disciplinary Record: The applicant must not have been subject to disciplinary action or prohibition from practicing any profession, and no administrative measures must have been issued against them within the three years preceding the application for registration, except for warnings.

8. Payment: Payment of registration services amounting to five thousand Egyptian pounds for each section to be registered, payable once.

Note: Serious crimes, for the purposes of this decree, are defined as crimes punishable by imprisonment or a fine of no less than five hundred thousand pounds under the laws governing non-banking financial activities, the Central Bank and the banking system, or the anti-money laundering law.

The aforementioned conditions are requisite for mediator registration and encompass requisite experience levels tailored to educational achievements within the non-banking financial sector.