2018-09-20

A circular dated September 20, 2018 amending the periodicity of Board of Directors meetings and allowing participation by telephone or video call.

The letter, addressed to the Chairman of the Board of Directors of a bank, refers to the Central Bank of Egypt's decision made on September 12, 2018, regarding amendments to the Governance Instructions issued in 2011. The changes include modifying the frequency of board meetings and allowing members to participate remotely via phone or video conferencing under specific conditions. The letter also outlines additional tasks for the Secretary of the Board, such as recording attendance and ensuring the receipt of documents by members participating remotely.

Egypt

Central Bank of Egypt

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