Regulatory Alerts2022-01-01
Financial Regulatory Authority Board of Management Decision No. (26) of 2022
The Financial Regulatory Authority (FRA) issued Decision No. 26 of 2022 to establish a dedicated Dispute Resolution Committee for securities market transactions. The committee, chaired by an FRA Deputy Chairman and comprising up to seven experienced members including the head of the Egyptian Securities Union, will adjudicate disputes between securities companies and their clients while adhering to conflict-of-interest rules. It is mandated to issue decisions within one month of receiving a complete case file, with notifications delivered to concerned parties within fifteen days, and the decision takes effect upon publication in the Egyptian Gazette.
Share