Regulatory Alerts2021-01-01
Financial Regulatory Authority Board Resolution No. (109) of 2021
The Financial Regulatory Authority issued Resolution No. 109 of 2021, which amends Article 6, Item 8 of the Egyptian Exchange's listing and delisting rules to mandate a minimum female board representation of 25% or two members. Listed companies must align their board compositions with this requirement by December 31, 2022. The resolution takes effect the day following its publication in the Egyptian Official Gazette and on the official websites of the Authority and the Exchange.
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