Regulatory Alerts2020-01-01
Board of Directors Decision No. (77) of 2020
The Financial Regulatory Authority’s Board of Directors issued Decision No. 77 of 2020 to reduce the service fees for trading securities and financial instruments listed on the Egyptian Exchange to five thousandths of each transaction’s value, while maintaining existing minimum and maximum limits. A fifty percent reduction is specifically applied to this rate for bonds, debt certificates, and other debt instruments. The Central Clearing, Depository and Registry Company is mandated to collect these fees and remit them to the Authority within one week of collection, with the decision taking immediate effect upon publication in the Egyptian Gazette and on the Authority’s official website.
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