Regulatory Alerts2014-01-01
Decision No. 67 of 2014 of the Board of Directors of the Authority Regarding the Regulation of Securities Brokerage Companies and Custodians Engaging in Margin Trading
The Egyptian Financial Regulatory Authority (FRA) issued Decision No. 67 of 2014 to regulate and supervise margin trading activities conducted by securities brokerage companies and custodians. The decision mandates prior FRA approval, a minimum five million Egyptian pound net equity threshold, and strict capital adequacy, risk assessment, and customer disclosure obligations. It further establishes precise leverage limits, collateral valuation standards, and mandatory liquidation procedures to mitigate systemic risk and protect market integrity.
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