Regulatory Alerts2012-01-01
Decision No. 83 of 2012 of the Board of Directors of the Capital Market Authority
The Capital Market Authority of Egypt issued Decision No. 83 of 2012 to establish official fee schedules for its examination and review services related to specific securities issuance operations. The decree mandates that the Authority charge a fee of 0.5 per thousand of the offered securities' value for capital increase subscription requests involving separate subscription rights, and 0.25 per thousand when such rights are not issued. Additionally, it sets fees at 0.5 per thousand for share split requests and 0.125 per thousand for nominal value subdivision requests, with the decision taking effect the day after publication on the Authority's website and the Exchange's trading screens.
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