Regulatory Alerts2020-01-01
Financial Regulatory Authority Board Resolution No. (210) of 2020
The Financial Regulatory Authority (FRA) issued Board Resolution No. (210) of 2020 to extend the compliance grace period for companies listed on the Egyptian Exchange that have not yet executed their securities offerings. The resolution grants a six-month extension ending June 30, 2021, conditional on those companies submitting a detailed implementation timeline to the Exchange by March 31, 2021 for management approval. This directive builds upon prior regulatory measures to provide additional operational time while mandating structured progress toward offering execution.
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