Regulatory Alerts2022-03-29 | CBE5.4Added · Updated
CBE Regulation Book 5.4 - Conducting Underwriting Activity
The Central Bank of Egypt establishes prudential controls for banks conducting underwriting activities, requiring prior approval, liquidity studies, and adherence to specific capital and risk management ratios. Banks must submit economic studies for issuers, maintain separate investment accounts, and obtain individual approvals to act as underwriting agents for other entities, subject to capital thresholds and regulatory directives.
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