Regulatory Alerts2024-07-01
Order of 11 Dhou El Kaada 1445 (May 19, 2024) fixing the rates and collection procedures for fees collected by the COSOB
The Algerian Minister of Finance issued this order to establish the specific fee rates and collection methods for the Commission for the Organization and Supervision of Stock Exchange Operations (COSOB). The document sets percentage-based caps on issuance fees for various market segments and mandates fixed dinar amounts for licensing intermediaries, advisors, and other regulated entities. It further specifies fees for technical dispute resolution and annual contributions from the Stock Exchange Management Company, while repealing the previous 1998 regulations.
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