Regulatory Alerts2020-01-01
Circular Letter No. (5) of 2020 on Compliance with the Standard Margin Trading Purchase Contract Model
The Financial Regulatory Authority (FRA) of Egypt mandates all licensed companies and entities conducting margin trading purchase operations to strictly adhere to the Authority's official Standard Margin Trading Purchase Contract Model. This directive requires the immediate nullification of any contractual clauses that contradict the standardized model, except where such additions explicitly benefit the client. The requirement is issued to enforce Law No. (95) of 1992, ensure market transparency and competition, and rectify observed violations of margin trading agreement terms during regulatory oversight.
Share