Capital Markets Law

​In 2016, the Egyptian Financial Supervisory Authority worked on a number of changes to the capital markets law with the ultimate goal of increasing transparency, protections for investors and enhancing access to finance for small and medium sized companies.

Key highlights of reforms of the capital markets law:

  • Access to finance – Align legislation with international standards to benefit from new financing tools. This includes: regulation of the trading and issuance of Sukuk; the introduction and regulation of the contracts market (futures, options, and son ); passing the secured lending laws and; creating a secured lending registry.
  • Transparency  & Governance – Combat money laundering through the application of more international standards and improve the regulatory role of EFSA
  • Competitiveness – Revive the commodity market, which will enhance competition, improve the trade of goods and reduce commodity prices.
  • Administrative Reform – Improve administration of the capital markets by: lifting some of the burden from listed companies and introducing a union to improve operations of the capital market and; establish Self Regulating Organization (SROs) to supervise the capital market.

For more information about Egypt’s financial and banking laws, click here.