Regulatory Alerts2021-02-04
Added · Updated
Circular Letter No. (4) of 2021 Regarding Entities Licensed to Conduct Custodian Activities
The Financial Regulatory Authority of Egypt requires securities companies previously licensed for custodian activities under a client-exclusive restriction to formally apply to the Authority for removal of that condition. These firms must additionally submit quarterly statements listing all client names to insiders@fra.gov.eg. This directive aligns with existing financial supervision laws and will be disseminated via official regulatory and exchange channels.
More like this from FRA
We email you every new FRA publication the day it's published.
Topics
Share