{"id":630390,"date":"2018-04-19T03:50:13","date_gmt":"2018-04-19T03:50:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/"},"modified":"2018-04-19T03:50:13","modified_gmt":"2018-04-19T03:50:13","slug":"fra-now-has-broader-power-to-suspend-investors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/","title":{"rendered":"FRA now has broader power to suspend investors"},"content":{"rendered":"

<\/a> FRA now has broader power to suspend investors from buying and selling on EGX:\u00a0<\/strong>Amendments to the Capital Markets Act give the Financial Regulatory Authority (FRA) broader powers to suspend individual investors, according to Sharkawy & Sarhan Law Firm. The chairmen of FRA and the EGX can impose suspension as an administrative penalty directly without the need to obtain a court judgment if they feel an individual investor has violated the act. Changes to the act also allow regulators to impose higher fines pegged to losses arising from whatever offence the broker is alleged to have committed. The tougher sanctions are among nine key takeaways from recent amendments to the Capital Markets Act <\/strong>that the law firm explores in its explainer, which you can check out here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

FRA now has broader power to suspend investors from buying and selling on EGX:\u00a0Amendments to the Capital Markets Act give the Financial Regulatory Authority (FRA) broader powers to suspend individual investors, according to Sharkawy & Sarhan Law Firm. The chairmen of FRA and the EGX can impose suspension as an administrative penalty directly without the […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630390","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"74f4f7f1-ddd4-4777-b842-df539bc22bc8","order":"0","is_powered_by":true,"section_story_id":"ec4b74e5-8428-4aaf-9a4c-a42279d8b35a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630382],"teaser":"","voice_url":""},"yoast_head":"\nFRA now has broader power to suspend investors - 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\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA now has broader power to suspend investors\" \/>\n<meta property=\"og:description\" content=\"FRA now has broader power to suspend investors from buying and selling on EGX:\u00a0Amendments to the Capital Markets Act give the Financial Regulatory Authority (FRA) broader powers to suspend individual investors, according to Sharkawy & Sarhan Law Firm. The chairmen of FRA and the EGX can impose suspension as an administrative penalty directly without the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-19T03:50:13+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA now has broader power to suspend investors\",\"datePublished\":\"2018-04-19T03:50:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/\"},\"wordCount\":134,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/19\/fra-now-has-broader-power-to-suspend-investors\/\",\"name\":\"FRA now has broader power to suspend investors - 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The confusion arose from the interpretation of the word \u201c\u0627\u0644\u0645\u062a\u062f\u0627\u0648\u0644\u201d by the English-language report we\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":632343,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/amendments-to-the-capital-markets-act-will-allow-private-stock-exchanges-short-term-debt-instruments\/","url_meta":{"origin":630390,"position":1},"title":"Amendments to the Capital Markets Act will allow private stock exchanges, short-term debt instruments","author":"enterpriseam admin","date":"8 February 2018","format":false,"excerpt":"LEGISLATION WATCH- Is privatization of the EGX in the cards after the House Economics Committee okays regs allowing private stock exchanges? 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The amendments would\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":598917,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/12\/cabinet-rolls-out-amendments-to-executive-regs-on-real-estate-funds\/","url_meta":{"origin":630390,"position":3},"title":"Cabinet rolls out amendments to executive regs on real estate funds","author":"enterpriseam admin","date":"12 June 2019","format":false,"excerpt":"REGULATION WATCH- Cabinet amends Capital Markets Act regs on real estate funds: Prime Minister Moustafa Madbouly has issued a decree amending the executive regulations of the Capital Markets Act governing real estate funds, Financial Regulatory Authority (FRA) boss Mohamed Omran said in a statement (pdf). 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