Regulatory Alerts2023-01-01
Capital Market Authority Board Decision No. 119 of 2023 Regarding the Extension of the Founding Committee's Deadline for the Egyptian Securities Union
The Capital Market Authority Board extends the Founding Committee's deadline to convene its first General Assembly by three months, effective June 18, 2023. This amendment applies to the committee established under Article 44 of the Egyptian Securities Union's Articles of Association and operates pursuant to Capital Market Law No. 95 of 1992 and Board Decision No. 20 of 2019. The decision mandates official publication in the Egyptian Gazette and on the Authority's website to ensure legal enforceability.
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