CAIRO – 13 April 2021:, Chairman of the Financial Regulatory Authority (FRA), issued Decision No. 32 of 2021, in the Egyptian Gazette, in its issue No. 86 of 2021, amending the articles of association of the Investor Protection Fund from Non-Commercial Risks to expand the insurance umbrella covered by the Fund to include the risks resulting from the activities of companies whose papers are registered or financial instruments in the Egyptian Stock Exchange. The Board of Directors of the Financial Supervision Authority had approved the rules and procedures for electing representatives of companies operating in the field of securities and companies for which securities or financial instruments are registered in the Egyptian stock exchanges to the membership of the Board of Directors of the Investor Protection Fund from Non-Commercial Risks, which was issued by Resolution No. (41) for the year 2021.

Source: Egypt Today April 13, 2021 11:37 UTC