2014-09-29

Added · Updated

Obtaining the approval of the Central Bank before entering into any bank subscription process

The Central Bank of Egypt requires banks to submit a separate application for approval before engaging in any subscription collection activities on behalf of other entities. These applications must include a copy of the subscription prospectus and the draft contract to be signed with the relevant party. Banks are instructed to ensure strict compliance with this requirement.

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Egypt

Central Bank of Egypt

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