Regulatory Alerts2015-01-01
Board of Directors Decision No. (27) of 2015
The Egyptian Financial Supervisory Authority issued Decision No. 77 of 2015 to establish a standardized fee structure for processing share ownership transfer requests for unlisted securities companies. The regulation mandates a service charge of 0.025% of the transaction value, capped between a minimum of 1,000 and a maximum of 5,000 Egyptian pounds. This decision takes effect the day after publication on the Authority's and Egyptian Exchange's websites, simultaneously repealing any conflicting prior provisions.
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