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FRA mandates central depository registration for all supervised companies

Businessmen Team stock_market 14 January 2026 09:37 PM
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FRA mandates central depository registration for all supervised companies

The Financial Regulatory Authority (FRA), headed by Dr. Mohamed Farid, has instructed all companies under its supervision to comply with Article 17 of the Joint Stock Companies Law regarding the registration of company shares with the Central Depository at Misr for Central Clearing, Depository, and Registry (MCDR) by March 31, 2026. Companies are required to notify the FRA once registration is completed.

Article 17 of Law No. 4 of 2018, amending Law No. 159 of 1981 – governing joint stock companies, limited partnerships by shares, and limited liability companies – obliges companies to submit a certificate confirming that their shares are registered with the central depository. The measure aims to ensure secure ownership transfers, provide full legal protection for shareholders’ rights, and strengthen oversight of ownership structures within entities operating in the non-banking financial sector.

The FRA warned that failure to meet the deadline may trigger legally prescribed regulatory and supervisory measures, which could include suspending all services provided by the authority to non-compliant companies until central depository registration of shares is completed.

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Financial Regulatory Authority FRA Mohamed Farid Joint Stock Companies Law company shares Central Depository Misr for Central Clearing Depository and Registry MCDR share registration