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Creating union between African exchanges forming strong entity attracts investors: Sherif Samy

Sherif Samy, former chairperson of the Financial Regulatory Authority (FRA), asserted that most African exchanges are still small, emerging ones, stating that there are only four African exchanges which can be considered as relatively strong on the investment map, namely the exchanges of Egypt, South Africa, Morocco, and Nigeria. “Other small African exchanges can adopt …

Daily News Egypt

Five draft laws and money market development files are currently handed to Sahar Nasr business portfolio

Sherif Samy, chairperson of the Egyptian Financial Supervisory Authority (EFSA), said that five draft laws and money market development files are currently handed to the Minister of Investment’s Sahar Nasr business portfolio after assigning her the role of the competent Minister of EFSA. Samy explained that the money market is currently waiting for the approval …

Alia Stouhi

EFSA studying permission for T+0 mechanism for fund managers

Head of the Egyptian Financial Supervisory Authority (EFSA), Sherif Samy, told Daily News Egypt that the authority is considering the allowance of same-day trading, known as T+0, for fund managers, noting that they will study how this may conflict with the capital market law to remove any legislative obstacles. Samy added that the authority is …

Alia Stouhi

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