Regulatory Alerts2022-01-01
Capital Market Authority Board of Directors Resolution No. 174 for the Year 2022
The Capital Market Authority Board of Directors issued Resolution No. 174 for 2022 to amend the regulatory framework governing unlisted securities on the Egyptian Stock Exchange. The resolution repeals a specific company management undertaking to relist securities within an exchange-accepted timeframe and eliminates the fourth paragraph of Article 4 from Resolution No. 94/2018, thereby simplifying trading and ownership transfer procedures. It mandates publication in The Egyptian Gazette and on the official electronic portals, with immediate effect starting the day following publication.
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