Regulatory Alerts2021-01-01
Financial Regulatory Authority Board Decision No. (140) of 2021
The Financial Regulatory Authority Board of Directors amends Decision No. 53 of 2018 to mandate that licensed holding companies engaged in underwriting, portfolio and fund management, custody, or venture capital must comply with specific ownership structure conditions within six months of the decision's effective date. The amended rules apply to companies issuing financial instruments or increasing their capital, aligning them with the ownership framework previously established for non-banking financial activities. This decision takes effect the day following its publication in the Egyptian Gazette and on the official websites of both the Authority and the Egyptian Exchange.
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