Regulatory Alerts2019-01-01
Decision of the Board of Directors of the Financial Regulatory Authority No. (182) of 2019 Amending Decision No. (20) of 2019 Regarding the Basic Statute of the Egyptian Securities Union
The Financial Regulatory Authority issued Decision No. (182) of 2019 to amend the Basic Statute of the Egyptian Securities Union. The decision reduces the Union's membership registration fee from twenty-five thousand to ten thousand Egyptian pounds and mandates that annual membership dues be determined by the Union's General Assembly based on the following year's estimated budget. These amendments take effect the day after publication in the Egyptian Gazette and the Authority's website, repealing any conflicting prior provisions.
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