Regulatory Alerts2023-01-01
Decision of the Chairman of the Authority No. (847) for 2023
The Chairman of the Financial Regulatory Authority issued Decision No. 847 of 2023, requiring approved securities brokerage companies and custodians to monitor via the Egyptian Exchange the volume of financing granted to clients and related groups at the market level, alongside the collateral-to-financing ratio. These entities must further develop these metrics and prepare a designated study for all margin purchase clients within three months of the decision's effective date. The Decision takes effect the day after publication in the Egyptian Gazette and on the official websites of the Authority and the Exchange.
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