KYC regs for capital markets are tightening: Know-your-client regulations have been tightened up in the latest amendments to the Capital Markets Law’s executive regulations issued by Investment and International Cooperation Minister Sahar Nasr, Al Borsa reports. The amendments, which appear to impact just about every form of capital market transaction, also allow the Egyptian Financial Supervisory Authority (EFSA) to investigate individual investors (whether foreign or local) on M&A transactions, share purchases, or setting up a fund if their stake in it exceeds 25%, said EFSA chief Sherif Samy.

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