The Egypt Financial Regulatory Authority (FRA) issued a supervisory circular requiring all companies under its oversight to comply with Article 17 of the companies law by registering their shares in central depository form with Misr for Clearing, Depository and Central Registry by 31 March 2026 and to notify the FRA with evidence of effective implementation. Article 17 of Law No. 4 of 2018, which amended Law No. 159 of 1981, requires companies to provide a certificate confirming their shares are registered in central depository form. The circular notes that non-compliance with the deadline may trigger supervisory and regulatory measures available under law, including suspension of all FRA services to non-compliant companies until central depository registration is completed.
Egypt Financial Regulatory Authority 2026-01-14
Egypt Financial Regulatory Authority sets 31 March 2026 deadline for supervised companies to centrally deposit shares and warns of possible service suspension
The Egypt Financial Regulatory Authority (FRA) has mandated that all companies under its supervision comply with Article 17 of the companies law by registering their shares in central depository form with Misr for Clearing, Depository and Central Registry by 31 March 2026. Companies must provide the FRA with evidence of compliance, or face potential regulatory actions, including suspension of FRA services.