{"id":594831,"date":"2019-09-09T04:11:23","date_gmt":"2019-09-09T04:11:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/"},"modified":"2019-09-09T04:11:23","modified_gmt":"2019-09-09T04:11:23","slug":"companies-to-nominate-one-candidate-to-federation-of-securities-board-fra","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/","title":{"rendered":"Companies to nominate one candidate to Federation of Securities board -FRA"},"content":{"rendered":"<p><b>REGULATION WATCH- Companies can only nominate one candidate for the Federation for Securities market regulator:<\/b> Companies will only be able to nominate one candidate to sit on the board of directors of the Federation for Securities under new regulatory amendments approved by the Financial Regulatory Authority (FRA) yesterday, the regulator<a href=\"http:\/\/www.fra.gov.eg\/content\/efsa_ar\/efsa_news\/efsa_805.htm\">said in a statement<\/a>. The FRA has given a committee tasked with convening the federation\u2019s first general assembly another six months to organize elections to the board. The FRA <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/03\/egypt-gets-its-first-federation-for-securities\/\">earlier this year<\/a> approved the bylaws establishing the federation, which aims to improve standards and accountability in the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REGULATION WATCH- Companies can only nominate one candidate for the Federation for Securities market regulator: Companies will only be able to nominate one candidate to sit on the board of directors of the Federation for Securities under new regulatory amendments approved by the Financial Regulatory Authority (FRA) yesterday, the regulatorsaid in a statement. The FRA [&hellip;]<\/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":[8572],"tags":[72,76,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594831","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-financial-regulatory-authority","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"97a54d47-3f30-4b8f-9a56-fe334d40a35d","is_powered_by":true,"section_story_id":"66e94785-feb3-4474-a741-622d688ca2bb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594815],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Companies to nominate one candidate to Federation of Securities board -FRA - 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\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Companies to nominate one candidate to Federation of Securities board -FRA\" \/>\n<meta property=\"og:description\" content=\"REGULATION WATCH- Companies can only nominate one candidate for the Federation for Securities market regulator: Companies will only be able to nominate one candidate to sit on the board of directors of the Federation for Securities under new regulatory amendments approved by the Financial Regulatory Authority (FRA) yesterday, the regulatorsaid in a statement. The FRA [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-09T04:11:23+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\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Companies to nominate one candidate to Federation of Securities board -FRA\",\"datePublished\":\"2019-09-09T04:11:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/\"},\"wordCount\":109,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Financial Regulatory Authority\",\"regulation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/companies-to-nominate-one-candidate-to-federation-of-securities-board-fra\/\",\"name\":\"Companies to nominate one candidate to Federation of Securities board -FRA - 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The FRA will publish in the coming period the bylaws in the official Gazette, and then set up a committee of at least five\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":626830,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/your-next-egx-trade-could-cost-you-an-extra-five-piastres-to-fund-a-new-nbfi-federation\/","url_meta":{"origin":594831,"position":2},"title":"Your next EGX trade could cost you an extra five piastres to fund a new NBFI federation","author":"enterpriseam admin","date":"12 July 2018","format":false,"excerpt":"REGULATION WATCH- Your next EGX trade could cost you an extra five piastres to fund a new NBFI federation. That\u2019s the message from the Financial Regulatory Authority (FRA), which is mulling an EGP 0.05 tithe on any capital market transaction executed by a brokerage firm, with the proceeds being channeled\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":558535,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/16\/the-egyptian-securities-federation-really-wants-more-members\/","url_meta":{"origin":594831,"position":3},"title":"The Egyptian Securities Federation really wants more members","author":"enterpriseam admin","date":"16 August 2021","format":false,"excerpt":"The Egyptian Securities Federation (ESF) wants tough new measures to force firms to pony up membership fees: Securities companies could face sanctions if they don\u2019t sign up to the Egyptian Securities Federation under proposals submitted to the Financial Regulatory Authority (FRA) by the organization, Rania Yacoub, a member of the\u2026","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/171.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":623475,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/fra-signs-off-on-same-day-trading-for-category-b-of-securities-eligible-for-special-activities\/","url_meta":{"origin":594831,"position":4},"title":"FRA signs off on same-day trading for category B of securities eligible for special activities","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"REGULATION WATCH- FRA signs off on same-day trading for category B of securities eligible for \u2018special activities\u2019: The Financial Regulatory Authority (FRA) signed off yesterday on a proposal from the EGX that allows same-day trading on stocks that are on its category 'B' list of securities eligible for \u201cspecialized activities.\u201d\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":591638,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/fra-could-lower-admission-fees-for-new-federation-for-securities\/","url_meta":{"origin":594831,"position":5},"title":"FRA could lower admission fees for new Federation for Securities","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"The Financial Regulatory Authority (FRA) is mulling reducing the EGP 25k admission fee for the newly-launched Federation for Securities to increase membership, according to a FRA source. 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