Capital Markets Authority Board Decision No. 196 of 2022

---

Al-Waqai' Al-Masriya – Issue 4 (Continued) dated January 4, 2023

2
Capital Markets Authority
Board Decision No. (196) of 2022 dated December 28, 2022 amending Board Decision No. 107 of 2021 regarding the disclosure rules for companies operating in non-banking financial activities on environmental, social, and governance (ESG) sustainability practices and the financial impacts of climate change. The Board of Directors of the Capital Markets Authority; Having reviewed Law No. (10) of 2009 regulating supervision over non-banking financial markets and instruments; And having reviewed Board Decision No. (107) of 2021 regarding the disclosure rules for companies operating in non-banking financial activities on environmental, social, and governance (ESG) sustainability practices and the financial impacts of climate change; And having approved this decision at its meeting held on December 28, 2022; has decided:

(Article One)
An additional article, numbered (Article One bis), is added to the aforementioned Board Decision No. (107) of 2021, with the following text:

(Article One bis):
Companies operating in any of the following activities are exempt from applying the provisions of Article One of this Decision:
1 - Investment funds activity (including exchange-traded index funds).

Al-Waqai' Al-Masriya – Issue 4 (Continued) dated January 4, 2023

3
2 - Securitization activity.
3 - Factoring activity.

(Article Two)
This Decision shall be published in Al-Waqai' Al-Masriya and on the Authority's electronic website, and shall take effect from the day following its publication date in Al-Waqai' Al-Masriya. Chairman of the Board Capital Markets Authority Dr. Mohamed Fared Saleh