Regulatory Alerts2022-01-01
Decision of the Board of Directors No. 157 for 2022 on Election Dates for Representatives of Companies Listed on Egyptian Exchanges to the Investor Protection Fund Board (2021–2024)
The Financial Regulatory Authority of Egypt issued Decision No. 157 for 2022 to establish the precise schedule for electing representatives of listed companies to the Investor Protection Fund’s Board of Directors for the 2021–2024 term. The decision mandates a structured timeline spanning from late November 2022 to early February 2023, covering nomination acceptance, application review, candidate list publication, appeal processing, and final election results. It further stipulates that if no appeals are filed by candidates, the statutory appeal periods will be automatically deducted from the scheduled election dates.
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