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2023-01-01

Board Decision No. 21 of 2023 on the Formation of the Capital Market Advisory Committee

The Financial Regulatory Authority of Egypt issued Board Decision No. 21 of 2023 to formally establish a ten-member Advisory Committee composed of capital market specialists and experts. This committee is mandated to provide expert opinions and strategic advice on developing market activities, upgrading operational frameworks, and strengthening regional and global competitiveness. The decision, effective upon issuance and published on the Authority’s website, applies existing operational rules from Board Decision No. 141 of 2017 and supersedes any conflicting provisions.

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FINANCIAL REGULATORY AUTHORITY

Head of the Authority — Board Decision No. (21) of 2023 dated 27/2/2023

Regarding the Formation of the Advisory Committee in the Capital Market Sector

Board of Directors of the Financial Regulatory Authority

Having reviewed Law No. (10) of 2009 regulating supervision over non-banking financial markets and instruments;
Having reviewed Presidential Decree No. (192) of 2009 issuing the Basic Law of the Financial Regulatory Authority;
Having reviewed Board Decision No. (141) of 2017 regarding the formation of the Authority’s advisory committees by specialists
and experts, and its amendments;
Having reviewed the approval of the Board of Directors in its session held on 27/2/2023;

Has Decided

(Article One)

An advisory committee of specialists and experts in the capital market sector activity is formed to express opinions and provide advice to the Authority
regarding the development of activities, improvement of operational systems, and enhancement of regional and global competitive capabilities. Its composition shall be as follows:
(In alphabetical order)

  1. Mr. Anwar Adel Zaidan
  2. Mr. Ayman Sabry Abdel Gaied
  3. Mr. Magd Shawky Sorian
  4. Mr. Mohamed El-Moez Abdel Monem Mohamed
  5. Mr. Mohamed Abdelfattah Mohamed
  6. Ms. Minoush Adel Saleh Abdel Magid
  7. Ms. Niveen Hamdy Badawy El-Taher
  8. Ms. Hansada Mohsen Mahmoud Latif Nessim
  9. Dr. Hany Salah Serieddin
  10. Mr. Yasser Farouk Abdel Hamid El-Masry

The rules stipulated in Board Decision No. 141 of 2017 shall apply to the committee’s operational system.

(Article Two)

This decision shall be published on the Authority’s website, and shall take effect from its issuance date, with all contrary provisions repealed.

Chairman of the Board of Directors
Financial Regulatory Authority
Dr. Mohamed Fared Saleh

ARAB REPUBLIC OF EGYPT
FINANCIAL REGULATORY AUTHORITY

Building Bridges not Walls

Smart Village, Building 136, Giza, Egypt
Postal Code: 110
Telephone: +202 3545350
Fax: +202 35370036
WWW.FRA.GOV.EG

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