Regulatory Alerts2007-01-01
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Minister of Investment Decision No. 209 of 2007 Amending the Executive Regulations of the Capital Market Law No. 95 of 1992
The Egyptian Minister of Investment issued Decision No. 209 of 2007 to amend the Executive Regulations of the Capital Market Law by introducing a new Chapter Two dedicated to Investment Funds. This regulation establishes comprehensive legal frameworks for the establishment, licensing, governance, and operational conduct of both open and closed investment funds. It mandates strict compliance with investment limits, conflict of interest avoidance, disclosure obligations, and the appointment of independent auditors and custodians to protect investor interests.
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