Regulatory Alerts2021-12-23
Added · Updated
Circular dated December 23, 2021 regarding extending the exceptions for participation in bank board meetings via video or telephone until the end of 2022
The Central Bank of Egypt extends the validity of the exceptions allowing participation in bank board meetings via video or telephone, originally set out in the circular dated November 23, 2020, until the end of December 2022. This extension applies while the remaining provisions of the circular issued on January 29, 2019, continue to remain in force. Banks are required to take the necessary steps to implement this decision.
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