Financial Regulatory Authority

FINANCIAL REGULATORY AUTHORITY

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Chairman of the Authority

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Decision of the Board of Directors of the Financial Regulatory Authority

No. (182) of 2019 dated 2019/12/30
Amending Decision of the Board of Directors of the Authority No. (20) of 2019
Regarding the Basic Statute of the Egyptian Securities Union

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Board of Directors of the Financial Regulatory Authority

Having reviewed the Capital Market Law issued by Law No. (95) of 1992 and its executive regulations;
and the Central Depository and Registry of Securities Law issued by Law No. (93) of 2000 and its executive regulations;
and Law No. (10) of 2009 on regulating supervision over non-banking financial markets and instruments;
and Presidential Decision No. (192) of 2009 issuing the Basic Statute of the Financial Regulatory Authority;
and Decision of the Board of Directors of the Authority No. (20) of 2019 on the Basic Statute of the Egyptian Securities Union;
and the approval of the Board of Directors of the Authority in its session held on 2019/12/30;

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Articles

(Article One)

The membership registration fee for the Egyptian Securities Union stipulated in Decision of the Board of Directors of the Authority No. (20) of 2019 regarding the Basic Statute of the Egyptian Securities Union is reduced to ten thousand Egyptian pounds instead of twenty-five thousand Egyptian pounds.

(Article Two)

Annual membership dues shall be as determined by the General Assembly of the Union based on the estimated budget for the following year.

(Article Three)

Any provision conflicting with the provisions of this Decision is hereby repealed.

(Article Four)

This Decision shall be published in the Egyptian Gazette and on the Authority's website, and shall take effect from the day following its publication in the Egyptian Gazette.

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Chairman of the Board of Directors

Financial Regulatory Authority
Dr. Mohamed Omran

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46076

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Smart Village, Building 113, Giza, Egypt
Postal Code: 110
Telephone: +202 22524520
Fax: +202 35370066
WWW.FRA.GOV.EG

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