Regulatory Alerts2022-01-01
Decision of the Capital Market Authority Board of Directors No. 60 of 2022
The Capital Market Authority issued Decision No. 60 of 2022 to amend the listing and delisting rules for securities at the Egyptian Exchange. The amendment adds a fourth paragraph to Article 41, requiring the Central Depository and Clearing Company for Securities to obtain a statement from foreign clearing houses detailing shareholders who have frozen shares to attend the company's General Assembly. This decision was approved during an extended board session in March 2022 and takes effect the day after its publication in the Egyptian Gazette.
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