FSA issues updated rules of Stock Exchange

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Wed, 15 Aug 2018 - 04:06 GMT

BY

Wed, 15 Aug 2018 - 04:06 GMT

FILE – Chairperson of the Egyptian Financial Supervisory Authority (EFSA), Mohamed Omran

FILE – Chairperson of the Egyptian Financial Supervisory Authority (EFSA), Mohamed Omran

CAIRO - 15 August 2018: Head of the Financial Supervisory Authority (FSA) Mohamed Omran announced on Wednesday the issuance of the updated version of rules of registration and cancellation of securities on the Egyptian Stock Exchange.

In a released statement by the Authority, he added that the rules were published on the Authority's website to be available for dealers on the money market.

These rules constitute the legal framework that is regulating the measures for registering or cancelling of securities on the Stock Exchange, he added.

He confirmed that the Authority is working to issue rules that are in line with the best international practices on this score.

One of the most important rules is revealing decisions and information of which any investor on the bourse should be aware along with protecting the rights of small investors.

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