Regulatory Alerts2010-01-01
Board of Directors Decision No. 19 of 2010 Regarding the Registered Owner Register and Registration Procedures
The Egyptian Financial Supervisory Authority (EFSA) issues Decision No. 19 of 2010 to establish the Registered Owner Register and mandate the specific rules and procedures for its registration. This directive derives its authority from the Capital Market Law, the Central Deposit and Registration of Securities Law, and Law No. 10 of 2009 regulating non-banking financial instruments. It formally updates custody licensing requirements by codifying the operational standards for maintaining the official registry.
Share