10, 2009, issued on February 25, 2009, the agency was established and became operationally effective on July 1, 2009.
This unification was intended to foster Egypt's financial sector.
[1] Establishing the new authority is part of at a series of reforms aimed to strengthen the stability and security of the non-banking financial sector in Egypt and its interoperability with the banking sector.
The agency is an ordinary member of the International Organization of Securities Commissions (IOSCO).
Both Cairo and Alexandria Stock Exchanges (CASE), as well as Misr Company for Central Clearing, Depository & Registry (MCDR), have a membership of the IOSCO too, but they are affiliate members.