CmaBoardReleases
Title: The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of a Crime
The Capital Markets Authority announces filing a report with the Prosecutor General on 01/05/2024 regarding the occurrence of the crime stipulated under Article No. (125) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, the crime stipulated under Article (209) of Law No. 16 of 1960 promulgating the Penal Code, the crime stipulated under Item (5) of Article (21) of Law No. 3 of 2006 Regarding Press and Publications, criminalized by the provision of Article (6) of Law No. 63 of 2015 Regarding Combating Cyber Crimes the (“Cybercrime Law”), and the crime stipulated under Article (70) of Law No. 37 of 2014 Regarding the Establishment of the Communication and Information Technology Regulatory Authority. On 05/03/2024, the defendant, through his account on the social communication website (Instagram), posted a comment containing false claims and a derogatory comment about the CMA.