2020-01-01

Board of Directors Decision No. (174) of 2020

The Financial Regulatory Authority of Egypt issued Board Decision No. 174 of 2020 to amend Decision No. 113 of 2019 by officially adding "Global Sustain" as item 12 to the initial list of approved international environmental auditors. This regulatory update expands the roster of recognized international consulting experts authorized to conduct environmental oversight for capital market activities. The decision takes effect the day after its publication in the Egyptian Gazette and on the Authority's official website.

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Financial Regulatory Authority

FINANCIAL REGULATORY AUTHORITY


Chairman of the Authority

Board of Directors Decision No. (174) of 2020 dated 2020/11/18 Amending Board of Directors Decision No. (113) of 2019 Regarding the Determination of the Initial List of International Environmental Auditors


Board of Directors of the Financial Regulatory Authority

After reviewing the Capital Market Law issued by Law No. (95) of 1992 and its Executive Regulations; and on Law No. (10) of 2009 regulating supervision over non-banking financial markets and instruments; and on Board of Directors Decision No. (113) of 2019 regarding the determination of the initial list of international environmental auditors; and after approval by the Authority's Board of Directors in its meeting held on 2020/11/18;

Decided

(Article One)

A new item numbered (12) shall be added to the list of international experts and consulting institutions (international environmental auditors) stipulated in the aforementioned Board of Directors Decision No. (113) of 2019, as follows: 12. Global Sustain

(Article Two)

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.


Chairman of the Board of Directors of the Authority

Dr. Mohamed Omran

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Smart Village, Building 136, Giza, Egypt

Postal Code: 110

Telephone: +202 3534530

Fax: +202 35370036

WWW.FRA.GOV.EG


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