The Egyptian Exchange (EGX) and The Egyptian Financial Supervisory Authority (EFSA) signed a cooperation agreement for exchange of regulatory reporting, data and information electronically.
The agreement comes within the eagerness of both parties to achieve stability of financial markets also to organize and protect investors' rights.
The electronic file-sharing agreement aims to save time and effort in data transfer and guarantee of confidentiality as well as the completion of the tasks accurately. It also insures the speed of decision-making through-flow automation of reports all within the rules of the Capital Market Law.
The agreement insures the exchange of data on transactions and insiders deals of listed companies on a daily basis, financial intermediation, weekly GDRs reports, decisions of the listing committee and membership in EGX.
FTSE Mondo Visione Exchanges Index:
Egyptian Financial Supervisory Authority And Egyptian Exchange Sign An Agreement To Exchange Data Between Them
Date 19/12/2013