Regulatory Alerts2018-01-01
FRA Board of Directors Decision No. (13) of 2018
The Egyptian Financial Regulatory Authority (FRA) issued Decision No. 13 of 2018 to amend the rules for listing and delisting securities on the Egyptian Exchange. The decision establishes a specific regulatory framework for Small and Medium Enterprises (SMEs), including reduced capital requirements, lower shareholder thresholds, and exemptions from audit committee mandates. It also introduces new disclosure obligations for major shareholders and updates listing conditions to ensure market integrity and transparency.
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