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What we’re tracking on 21 February 2021
Good morning, everyone, and welcome to the final workweek of February. Thank you, once more, for the honour of writing…
Covid may have sparked a fintech revolution
2020 was the year e-payments went mainstream: Central bank data from around the world has shown the pandemic has coincided…
Central Bank of Egypt sets up new cash management company with banks
STARTUP WATCH- CBE, state-owned banks found cash-management company: The Central Bank of Egypt (CBE) and state-owned Banque Misr, Banque du…
EM central bankers starting to become fond of quantitative easing policies
Nearly a dozen emerging-market central banks are starting to become fond of quantitative easing, a practice traditionally limited to the…
House approves amendments to laws regulating prison releases, antiquity theft and armed forces pensions
The House of Representatives approved amendments to prison and anti-drug laws that prohibit conditional prison releases for those convicted of…
FRA orders brokerages to appoint anti-money laundering czar
REGULATION WATCH- Brokerages now need to appoint a dedicated anti-money laundering czar: Brokerage companies have received a letter from the…
El Sisi ratifies amendments to temporary tax dispute bill, Terrorist Entities Act
LEGISLATION WATCH- President Abdel Fattah El Sisi has ratified the temporary tax dispute resolution bill, Youm reports, carrying a copy…
Anti-Money Laundering Act amendments get committee-level approval
LEGISLATION WATCH- House committee approves amendments to Anti-Money Laundering Act: The House Constitutional and Legislative Affairs Committee approved on Monday…
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