Regulatory Alerts2015-01-01
Board of Directors Decision No. (16) of 2015
The Egyptian Financial Supervisory Authority issued Decision No. 66 of 2015 to formally extend the operational term of the Financial Sector Investment Fund for five years, concluding on March 22, 2019. This regulatory amendment aligns with the Capital Market Law and the Minister of Investment's 2014 modifications to investment fund bylaws, following internal management review and board approval. The decision takes effect immediately upon issuance and mandates all relevant authorities to enforce the extended fund duration within their respective jurisdictions.
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