Financial Crime World

Here is the rewritten article in markdown format:

Laws and Regulations

=====================================================

The Egyptian capital market is governed by various laws and regulations that aim to promote transparency, accountability, and investor protection. Here are some key laws and regulations:

Capital Market Law (No. 95/1992)


  • This law provides the legal framework for the Cairo and Alexandria Stock Exchanges.
  • It sets rules for listed businesses.

Central Depository and Registry Law (No. 93/2000)


  • Regulates central registration for shareholders’ records, clearance, settlement, and depositing.

Law on Joint Stock Companies, Limited by Shares Companies, and Limited Liability Companies (No. 159/1981)


  • Regulates joint stock companies, limited-by-shares companies, and limited liability companies.

Investment Guarantees and Incentives Law (No. 8/1997)


  • Boosts investments in various economic sectors and specific industrial zones through income tax exemptions.

Supervisory Agencies

=====================

The Egyptian capital market is supervised by several agencies that aim to enforce laws and regulations, monitor market development, and protect investors. Here are some key supervisory agencies:

Capital Market Authority (CMA)


  • An independent government agency responsible for enforcing the Capital Market Law.
  • It supervises market development, regulates, and monitors all its activities.

Cairo and Alexandria Stock Exchanges


  • A quasi-self-regulatory authority managed by an elected board of directors under the supervision of CMA.

Key Points

===========

  • The Egyptian capital market is subject to various laws and regulations aimed at promoting transparency, accountability, and investor protection.
  • The Capital Market Authority plays a crucial role in enforcing laws and regulations, supervising market development, and monitoring all its activities.
  • The Cairo and Alexandria Stock Exchanges serve as a quasi-self-regulatory authority under the supervision of CMA.