2020-01-01
The Financial Regulatory Authority issued Decision No. 147 of 2020 to extend the deadline for the Founding Committee of the Egyptian Securities Union to hold its first General Assembly. The extension grants an additional six months, effective from September 18, 2020, pursuant to Article 44 of the Union's Bylaws. This decision was approved by the Authority's Board of Directors on September 16, 2020, and is published in the Official Gazette and on the Authority's website.
FINANCIAL REGULATORY AUTHORITY
Regarding extending the deadline granted to the Founding Committee of the Egyptian Securities Union
The Board of Directors of the General Authority for Financial Supervision,
Having reviewed the Capital Market Law issued by Law No. (95) of 1992 and its executive regulations; And Law No. (10) of 2009 regulating supervision over non-banking financial markets and instruments; And Board of Directors Decision No. (20) of 2019 regarding the Bylaws of the Egyptian Securities Union; And after approval by the Board of Directors in its session held on 16/9/2020;
The deadline granted to the Founding Committee referred to in Article (44) of the Bylaws of the Egyptian Securities Union to convene the first General Assembly of the Union is extended for an additional period of six months, effective from 18/9/2020.
This Decision shall be published in the Official Gazette and on the Authority's website.
Chairman of the Board of Directors of the Authority Dr. Mohamed Omran
46,76
ARAB REPUBLIC OF EGYPT FINANCIAL REGULATORY AUTHORITY
Building Bridges not Walls نَبْي الجسور لا الحواجز
Smart Village, Building 136, Giza, Egypt Postal Code: 110 Telephone: +202 35345350 Fax: +202 35370036 WWW.FRA.GOV.EG