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CMA LAW: Resolution No. (56) of 2026 Regarding Amendment to Some Provisions of Module Fifteen (Corporate Governance) of the Executive Bylaws of Law No.7 of 2010
Date Publish
06 May 2026
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
- CMA Board of Commissioners Resolutions passed in its meeting No. (18) of 2026 held on 06/05/2026.
The Following Was Resolved
Article (1)
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 is hereby amended pursuant to Annex 1 attached to this Resolution.
Article (2)
Appendix 2 “Structure of Corporate Governance Report Form” of 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 is hereby Amended pursuant to Annex 2 attached to this Resolution.
Article (3)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette. The Companies shall regularize their situation as of the date of issuance of this Resolution and no later than the end of 2026, with the following exceptions:
1. The amended provisions of Article (2-3) of Module Fifteen (Corporate Governance) of the Executive Bylaws of Law No. 7 of 2010 related to the controls of independent member, he shall abide by them upon election of a new Board of Directors after the end of term of the existing Board, at the first ordinary general assembly meeting held for this purpose at least three months after the date of issuance of this Resolution.
2. The amended provisions of Article (13-1) of Module Fifteen (Corporate Governance) of the Executive Bylaws of Law No. 7 of 2010 related to the forms that shall be submitted through the governance system in CMA’s electronic portal shall come into force as of the date of issuance of this Resolution.
Emad Ahmed Tifouni
Issued on: 06/05/2026
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