Egypt’s Prime Minister, Mostafa Madbouly, has issued a decision to amend certain provisions of the executive regulations of the Anti-Money Laundering Law, according to documents viewed by Daily News Egypt. The first amended article includes several definitions, such as the definition of the law itself, which states that it refers to the Anti-Money Laundering Law. Terrorist crimes: Any crime specified in the Anti-Terrorism Law issued by Law No. This includes persons who exercise effective control over the customer, whether the customer is a legal person or a legal arrangement. The National Post Authority is also included in this definition in terms of the financial services it provides.


Source:   Daily News Egypt
September 02, 2023 18:31 UTC