{"id":546617,"date":"2022-05-23T04:00:57","date_gmt":"2022-05-23T04:00:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/"},"modified":"2022-05-23T04:00:57","modified_gmt":"2022-05-23T04:00:57","slug":"money-laundering-amendments-earn-preliminary-approval-in-the-house","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/","title":{"rendered":"Money laundering amendments earn preliminary approval in the House"},"content":{"rendered":"<p><strong>MPs gave preliminary approval to proposed <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4c6e1bff-c205-4d35-877a-2cb3fcce5824\">amendments<\/a><\/strong><strong> to the Anti-Money <\/strong><strong>Laundering Act<\/strong> yesterday, <a href=\"https:\/\/gate.ahram.org.eg\/News\/3523069.aspx\">Ahram Gate<\/a> reported. The changes would create an anti-money laundering unit at the central bank, handing it greater powers to prevent money laundering and terrorist financing. The House also approved in principle a new bill organizing Hajj trips, according to <a href=\"https:\/\/bit.ly\/3G6pMwa\">Youm7<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MPs gave preliminary approval to proposed amendments to the Anti-Money Laundering Act yesterday, Ahram Gate reported. The changes would create an anti-money laundering unit at the central bank, handing it greater powers to prevent money laundering and terrorist financing. The House also approved in principle a new bill organizing Hajj trips, according to Youm7.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[72,1061,274,180,187,265],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-546617","post","type-post","status-publish","format-standard","hentry","category-legislation-watch","tag-enterpriseam","tag-hajj","tag-house-of-representatives","tag-legislation","tag-legislation-watch","tag-money-laundering","wpautop","entry"],"acf":{"mongo_id":"e8dc803a-dacf-4ef8-a1cc-4d4aef315d44","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[546602],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Money laundering amendments earn preliminary approval in the House - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Money laundering amendments earn preliminary approval in the House\" \/>\n<meta property=\"og:description\" content=\"MPs gave preliminary approval to proposed amendments to the Anti-Money Laundering Act yesterday, Ahram Gate reported. The changes would create an anti-money laundering unit at the central bank, handing it greater powers to prevent money laundering and terrorist financing. The House also approved in principle a new bill organizing Hajj trips, according to Youm7.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-23T04:00:57+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Money laundering amendments earn preliminary approval in the House\",\"datePublished\":\"2022-05-23T04:00:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/\"},\"wordCount\":63,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"hajj\",\"House of Representatives\",\"legislation\",\"Legislation Watch\",\"money laundering\"],\"articleSection\":[\"LEGISLATION WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/05\/23\/money-laundering-amendments-earn-preliminary-approval-in-the-house\/\",\"name\":\"Money laundering amendments earn preliminary approval in the House - 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The amendments proposed by the government would expand the definition of \u201cmoney\u201d to include oil,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546230,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/09\/rate-hikes-leave-govt-with-at-least-egp-6-bn-in-unexpected-debt-costs\/","url_meta":{"origin":546617,"position":2},"title":"Rate hikes leave gov\u2019t with at least EGP 6 bn in unexpected debt costs","author":"enterpriseam admin","date":"9 May 2022","format":false,"excerpt":"FinMin needs at least another EGP 6 bn for debt repayments: The House Budget Committee has approved legislative amendments that would unlock an extra EGP 6 bn to help Egypt meet its debt repayments as interest rates rise at home and abroad, Youm7 reports.But that\u2019s not likely going to be\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/102.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569835,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/09\/el-sisi-ratifies-amendments-to-temporary-tax-dispute-bill-terrorist-entities-act\/","url_meta":{"origin":546617,"position":3},"title":"El Sisi ratifies amendments to temporary tax dispute bill, Terrorist Entities Act","author":"enterpriseam admin","date":"9 March 2020","format":false,"excerpt":"LEGISLATION WATCH- President Abdel Fattah El Sisi has ratified the temporary tax dispute resolution bill, Youm reports, carrying a copy of the amended law published in the Official Gazette on 3 March. The legislation extends the expired Tax Dispute Resolution Act for six months, allowing the newly-established dispute settlement committees\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569874,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/10\/fra-orders-brokerages-to-appoint-anti-money-laundering-czar\/","url_meta":{"origin":546617,"position":4},"title":"FRA orders brokerages to appoint anti-money laundering czar","author":"enterpriseam admin","date":"10 March 2020","format":false,"excerpt":"REGULATION WATCH- Brokerages now need to appoint a dedicated anti-money laundering czar: Brokerage companies have received a letter from the Financial Regulatory Authority (FRA) ordering them to hire professional auditors to monitor whether their operations are being used to facilitate money laundering and terror financing, Al Mal reported. 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