Regulatory Alerts2010-01-01
Capital Market Authority Board Decision No. 67 of 2010
The Capital Market Authority issued Decision No. 67 of 2010 to amend the rules governing the listing, continued listing, and delisting of securities on the Egyptian Exchange. The decision mandates that the Exchange publish disclosures received from the Authority, restricts board and general assembly meetings during trading sessions, and imposes strict timelines for approving and sharing meeting minutes. Additionally, it updates requirements for capital increases, establishes shareholder sell-back rights upon delisting, and introduces sponsor obligations for small and medium-sized enterprises.
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