2006-01-01

Decision No. 061 of 2006

The Financial Regulatory Authority (FRA) issued Decision No. 061 of 2006 to grant in-principle approval for a memorandum regulating how certain brokerage companies manage shares linked to them through ownership and management ties. This regulatory measure establishes clear operational guidelines for brokerage firms regarding their affiliated shareholdings to ensure compliance and transparency. The decision formally validates the proposed framework, enabling affected brokerage companies to implement the specified treatment of linked shares under FRA oversight.

Egypt

Financial Regulatory Authority Egypt

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