Non - Banking Financial

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The req. of Tech. structure & info. security systems for hosting providers
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In the context of strengthening FRAs supervisory role on companies operating in securities and subject to FRAs supervision- in addition to FRAs role in stipulating administrative penalties on companies- Law no. 123 of 2008 was issued to include number of amendments to some articles of Capital Market Law no. 95 of 1992 , these articles are concerned to tighten the penalties on those who violate the provisions of Capital Market Law and its Executive Regulations .
The law also added article (69 bis.) to Law no. 95 of 1992 which gives FRAs chairman solely the right to initiate a court case regarding the crimes that violate Capital Market Law and its Executive Regulations, and it also allows him - solely- the right to reconcile in these cases in any time of the lawsuit.
Law no. 10 of 2009 issued to regulate the supervision the non-banking financial instruments and markets, as article 16 of the same law granted FRAs chairman solely - the right to ask for an investigation or initiate a criminal lawsuit for the crimes stated in article three of the same law, and that includes law of Central Depository and Registry promulgated by law no. 93 of 2000.