Parliament initially approves bill on amending anti-money laundering law

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Sun, 08 Mar 2020 - 01:20 GMT

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Sun, 08 Mar 2020 - 01:20 GMT

Members of Parliament start voting on the newly-proposed amendments to the 2014 Constitution on Thursday- Egypt Today/Hazem abdel-Samad

Members of Parliament start voting on the newly-proposed amendments to the 2014 Constitution on Thursday- Egypt Today/Hazem abdel-Samad

CAIRO, March 8 (MENA) - The House of Representatives, headed by its Speaker Ali Abdel Aal, initially approved a draft law, submitted by the government, to amend some provisions of law no.80/2002 on anti-money laundering.

On February 25, Abdel Aal referred the bill to the parliament's legislative and constitutional committee.

The bill comes within a framework of Egypt's membership in the Middle East and North Africa Financial Action Task Force (MENAFATF).

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