The Board of Directors of the Financial Regulatory Authority (FRA), headed by Dr. Mohamed Farid, issued Decision No. 137 of 2025 regarding the financial solvency standards for companies and entities operating in non-banking finance activities, for the first time in line with the international standards "Basel III." This change comes within the framework of the FRA's efforts to strengthen the financial positions of companies operating in non-banking finance activities and improve their ability to confront risks and disruptions. This supports the FRA's vision of achieving its primary goal of maintaining the financial stability of markets and non-banking financial institutions. The FRA set financial solvency standards for companies and entities operating in the non-banking finance sector, with the aim of aligning them with the "Basel III" standards applicable to the banking sector. These standards enhance the ability of non-banking finance companies to address credit, operational, and market risks, reduce the negative effects of economic fluctuations and shocks, and ensure the availability of financial liquidity for these companies, helping them meet their obligations in the short and long term and mitigate potential losses. This enhances the safety and stability of the non-banking financial sector. The Authority's Board of Directors obligated companies and entities subject to the decision to conduct a pilot application of the standards and provide the Authority with a detailed quarterly report on the results of the application, starting from January 1, 2026. The new solvency standards will replace the financial solvency standards for companies and entities operating in non-banking financing activities contained in the text of the decision or any other decisions issued by the Authority, starting from January 1, 2027.