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.
Egyptian Financial Supervisory Authority (EFSA)
Board of Directors Decision Egyptian Financial Supervisory Authority No. (19) of 2010 dated 15/2/2010 Regarding The Registered Owner Register and the Rules of its Registration Procedures
The Board of Directors of the Egyptian Financial Supervisory Authority Having reviewed the Capital Market Law issued by Law No. 95 of 1992 and its Executive Regulations, and the Central Deposit and Registration of Securities Law issued by Law No. 93 of 2000 and its Executive Regulations, and Law No. 10 of 2009 regulating supervision over non-banking financial instruments and securities and its Executive Regulations, and Presidential Decree No. 192 of 2009 issuing the Basic Statute of the Egyptian Financial Supervisory Authority, and the Board of Directors Decision of the Egyptian Financial Supervisory Authority No. (7) of 2002 regarding the licensing conditions for exercising the custody activity.
Board of Directors Decision of the Egyptian Financial Supervisory Authority No. (10) of 2010