Regulatory Alerts2012-01-01
Decision No. 2012/8 of the Capital Market Authority Board of Directors
The Capital Market Authority amends Decision No. 54 of 2009 to authorize the Egyptian Exchange Chairman to permit continued trading via an order mechanism when a company modifies registered issuance data. This approval is strictly conditional upon the company submitting acceptable justifications and its management formally committing to reinstate the securities in the Exchange's official tables within an approved timeframe. The regulatory addition creates a procedural exception that maintains trading continuity while mandating timely correction of registration discrepancies.
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