Beirut Stock Exchange | Laws & Regulations

You can click on each section to download the corresponding document or please click here to Download All Sections

	Bylaws of the Beirut Stock Exchange The Official GazetteIssue No.5121/12/95 The Ministry of Finance Decree No.7667 Implementation of the By-laws of the BSE. The President of the Republic, By virtue of the Constitution, By virtue of legislative decree No.120 dated 16/09/1983 (Regulations of the BSE) as amended by virtue of legislative decree No.30, dated 23/03/1985, and law No.418 dated 15/05/1995, By virtue of decree No.4808 dated 29/01/1982 (By-laws of the BSE) as amended by virtue of decree No.4729, dated 30/03/1988, After consulting the Council of State (consultation 40-95-96, dated 04/12/1995),		by virtue of a proposal by the Minister of Finance, decrees the following: Article 1- The By-laws of the Beirut Stock Exchange shall be implemented in accordance with the text attached to this decree. Article 2- This decree is published and notified when deemed necessary. Baabda, December 16, 1995. Issued by the President of the Republic. Signature: Elias El Hraoui The Prime Minister Signature: *Rafic Hariri.* Finance Minister Signature: Rafic Hariri.
	Section I Bylaws of the Beirut Stock Exchange. Section II The administration of the Stock Exchange Chapter 1: The Stock Exchange Committee. Chapter 2: The activities and powers of the committee. Chapter 3: The Secretary General of the Stock Exchange. Chapter 4: The Government’s commissioner. Chapter 5: Rules of Fair practice. Section III Members in the Stock Exchange Section IV Brokers in the Stock Exchange . Chapter 1: General provisions. Chapter 2: Acceptance , Suspension and Dismissal of Brokers Chapter 3: The Brokers’ Employees. Chapter 4: The Assosiation of Stock Exchange Brokers. Section V The Issuers of Securities Traded on the STOCK ECXHANGE. Chapter 1: General provisions relating to the official and Secondary markets. Part 1: The initial application for Admission of Securities . Part 2: The additional application for the admission of Securities. Part 3: Suspension of pricing and dismissal of Issuer. Chapter 2: Provisions applying to the Official Market . Chapter 3: Provisions applying to the Secondary Market. Chapter 4: Provisions applying to the Market of Securities not listed on the Stock Exchange		Section VI The trading Regulations Chapter 1: The Orders. Chapter 2: The trading Operations on the floor. Chapter 3: Pricing Part 1: General Provisions Part 2: Ordinary pricing Part 3: Special pricing. Chapter 4: Miscellaneous provisions Part 1: Direct Transactions Part 2: Commitment to sell or to Buy . Part 3: Tender offers. Chapter 5: General Regulations regarding the payment and delivery Operations. Chapter 6: Settlement of the Issue of default of payment and Non-Delivery . Part 1: The settlement of the issue of default of delivery of Securities. Part 2: The settlement of default of payment issue. Chapter 7: Continuous Trading Operations Part 1: General Provisions. Part 2: Continuous Trading System. Section VII Membership fees , fees, Commissions , compensations and Allocations Chapter 1: Annual fees and membership fees . Chapter 2: Commissions due on Each transactions. Chapter 3: Compensations and dotations. Section VIII Infractions and Sanctions Section IX The disciplinary board Section X Miscellaneous provisions Chapter 1: Publications of Information regarding the Stock Exchange. Part 1: Official Bulletin. Part 2: Archives . Chapter 2: Sale by Auction. Chapter 3: The Stock Exchange's police Chapter 4: Closing provisions.