Regulatory Alerts2023-01-01
Decision of the Chairman of the Authority No. 1462 of 2023
The Financial Regulatory Authority issued Decision No. 1462 of 2023 to establish a specialized committee that adjudicates appeals from candidates excluded from the Egyptian Securities Union's board election lists. The decision mandates that appeals be filed within three working days of preliminary list publication, with the committee issuing final rulings within a week of submission and notifying stakeholders within two working days. Furthermore, it grants the committee authority to request necessary documents from regulators or the Union and takes effect upon publication in the Official Gazette, superseding conflicting provisions.
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