Regulatory Alerts2017-01-01
Decision of the Board of Directors of the Authority No. (123) of 2017
The Financial Regulatory Authority issued Decision No. 133 of 2017 to amend its previous Decision No. 40 of 2017 regarding precautionary measures for clients violating Egyptian exchange trading rules. The amendment extends the suspension of trading privileges when the Authority requests criminal prosecution, maintaining the ban until trial referral, a final judgment, or a prosecutorial dismissal or settlement occurs, whichever happens first. This suspension remains in effect unless the Regulations Committee, competent judicial authorities, or the Authority's Board explicitly lifts it based on submitted justifications.
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