Regulatory Alerts2013-01-01
Board of Directors Resolution No. 52 dated 2013/11/18 regarding Contact Securitization Company
The Egyptian Financial Supervisory Authority (EFSA) issued Board of Directors Resolution No. 52 dated November 18, 2013, which exempts Contact Securitization Company from the provision in paragraph two of Article 302 of the Executive Regulations of the Capital Market Law (Law No. 95 of 1992). This regulatory decision directly alters the compliance requirements for the named entity by granting a specific exemption from the cited clause. The resolution is effective immediately and applies solely to the specified exemption without affecting other statutory obligations.
Egyptian Financial Supervisory Authority
Egyptian Financial Supervisory Authority (EFSA)
Board of Directors Resolution No. 52 dated 2013/11/18
Regarding Contact Securitization Company
The Board approved exempting Contact Securitization Company from the provision stipulated in paragraph two of Article 302 of the Executive Regulations of the Capital Market Law issued by Law No. 95 of 1992.
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