Title: Resolution No. (193) of 2025

Having Perused: 
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- Resolution No. (69) of 2018 Regarding Amending Some Provisions of the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Amendments for the Development of the Infrastructure of the Post-Trade Model; and
- Resolution No. (92) of 2025 Regarding the Development of the Infrastructure of the Post-Trade Model; and
- Resolution No. (101) of 2025 Regarding Entry into Force of the Second Batch of the Third Phase of the Market Development Project; and
- CMA Board of Commissioners Resolution passed in its meeting No. (38) of 2025 held on 05/11/2025. 

The Following Was Resolved
Article (1)
Module Four (Securities Exchanges and Clearing Agencies), Module Eleven (Dealing in Securities), Module Twelve (Listing Rules), and Module Fifteen (Corporate Governance) of the Executive Bylaws of the Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments are hereby amended pursuant to Annex (1) attached to this Resolution.

Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force as of 19/10/2025, and it shall be published in the Official Gazette.

Emad Ahmed Tifouni
Issued on: 06/11/2025.

The Translated Document
 

Copy of the Official Document