Regulatory Alerts2019-01-01
Decision of the Board of Directors of the Financial Regulatory Authority No. 180 of 2019 Amending Decision No. 11 of 2014 Regarding the Rules for Listing and Delisting Securities on the Egyptian Exchange
The Financial Regulatory Authority (FRA) of Egypt issued Decision No. 180 of 2019 to amend its regulatory framework governing the listing and delisting of securities on the Egyptian Exchange. The amendment specifically removes the mandatory requirement in Article 6(e) that a company's articles of association must explicitly stipulate certain corporate governance provisions. This decision is effective upon publication in the Egyptian Gazette and on the official websites of the FRA and the Egyptian Exchange.
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