Regulatory Alerts2009-01-01
Capital Market Authority Board of Directors Decision No. (72) of 2009
The Capital Market Authority (CMA) of Egypt issued Decision No. 72 of 2009 to grant preliminary approval for the Basic Standards for Professional Performance governing securities evaluation, classification, and rating firms under its supervision. The decision mandates that the draft standards be published on the CMA website for specialist and public feedback prior to final Board of Directors approval. It further directs all relevant central departments to implement the decision and stipulates that it takes effect the day following its official website publication.
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