{"id":572948,"date":"2020-07-14T04:15:18","date_gmt":"2020-07-14T04:15:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/"},"modified":"2020-07-14T04:15:18","modified_gmt":"2020-07-14T04:15:18","slug":"el-sisi-ratifies-amendments-to-egypts-central-depository-act","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/","title":{"rendered":"El Sisi ratifies amendments to Egypt\u2019s Central Depository Act"},"content":{"rendered":"

President Abdel Fattah El Sisi has signed into law recently approved<\/a> changes to the Central Depository Act<\/a>, according to a decree published in the Official Gazette<\/a>. The changes allow joint venture companies to obtain licenses from the Financial Regulatory Authority to provide clearing and depository services and permit the formation of new non-bank financial institutions to clear and settle securities.<\/p>\n","protected":false},"excerpt":{"rendered":"

President Abdel Fattah El Sisi has signed into law recently approved changes to the Central Depository Act, according to a decree published in the Official Gazette. The changes allow joint venture companies to obtain licenses from the Financial Regulatory Authority to provide clearing and depository services and permit the formation of new non-bank financial institutions […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9344],"tags":[72,7087,180,2375,343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572948","post","type-post","status-publish","format-standard","hentry","category-legislation-policy","tag-enterpriseam","tag-finance","tag-legislation","tag-legislation-policy","tag-regulation","wpautop","entry"],"acf":{"mongo_id":"3b411a78-7e57-4cd0-a6ee-5f5f8af7a3a0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[572914],"teaser":"","voice_url":""},"yoast_head":"\nEl Sisi ratifies amendments to Egypt\u2019s Central Depository Act - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi ratifies amendments to Egypt\u2019s Central Depository Act\" \/>\n<meta property=\"og:description\" content=\"President Abdel Fattah El Sisi has signed into law recently approved changes to the Central Depository Act, according to a decree published in the Official Gazette. The changes allow joint venture companies to obtain licenses from the Financial Regulatory Authority to provide clearing and depository services and permit the formation of new non-bank financial institutions […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-14T04:15:18+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sisi ratifies amendments to Egypt\u2019s Central Depository Act\",\"datePublished\":\"2020-07-14T04:15:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/\"},\"wordCount\":70,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Finance\",\"legislation\",\"Legislation + Policy\",\"regulation\"],\"articleSection\":[\"Legislation + Policy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/el-sisi-ratifies-amendments-to-egypts-central-depository-act\/\",\"name\":\"El Sisi ratifies amendments to Egypt\u2019s Central Depository Act - 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What would the proposed amendments do? Amendments\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591625,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/central-depository-act-gets-committee-level-approval-at-egypts-parliament\/","url_meta":{"origin":572948,"position":1},"title":"Central Depository Act gets committee-level approval at Egypt\u2019s parliament","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"LEGISLATION WATCH- Central Depository Act gets committee-level nod at parliament: The House Economic Committee has approved the proposed Central Depository and Registration Act, according to Al Mal. 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The House Economic Committee had approved\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593142,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/19\/house-to-include-companies-structure-rules-in-the-central-depository-act-to-avoid-fra-controls\/","url_meta":{"origin":572948,"position":3},"title":"House to include companies\u2019 structure rules in the Central Depository Act to avoid FRA controls","author":"enterpriseam admin","date":"19 November 2019","format":false,"excerpt":"LEGISLATION WATCH- House committee looks set to amend controversial Article 35 in Central Depository Act: The House Economic Committee has informally agreed to amend the controversial Article 35 of the Central Depository and Registration Act to include regulations on companies\u2019 ownership structure, committee member Rep. 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