{"id":628467,"date":"2018-05-06T04:20:24","date_gmt":"2018-05-06T04:20:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/"},"modified":"2018-05-06T04:20:24","modified_gmt":"2018-05-06T04:20:24","slug":"parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/","title":{"rendered":"Parliament committees to discuss Leasing and Factoring Act, amendments to Economic Courts Law today"},"content":{"rendered":"<p><strong>LEGISLATION WATCH- House committees to discuss Leasing and Factoring Act, amendments to Economic Courts Act today:<\/strong> The House of Representatives\u2019 Economic Committee is discussing today the proposed Leasing and Factoring Act, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1903575.aspx\">according to Ahram Gate<\/a>. The legislation, which the Ismail Cabinet <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/24\/cabinet-approves-leasing-and-factoring-act-nile-traffic-bill-and-others-during-weekly-meeting\/\">approved last August<\/a>, sets up a regulatory framework for factoring and leasing, adds clauses to regulate SME financing and mandates the country\u2019s economic courts with resolving legal issues under the act.<\/p>\n<p><strong>Parliament\u2019s Constitutional and Legislative Committee will also review today amendments to the Economic Courts Act.<\/strong> The amendments would allow economic courts to handle consumer protection-related cases and look to expedite the dispute resolution process. <strong>The legislation would also grant economic courts jurisdiction over criminal violations of the Capital Markets Act<\/strong>, the Anti-Money Laundering Act, the Collateralized Assets Act, and the Civil Aviation Act. The Council of State (Maglis El Dawla) <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/28\/legislation-watch-a-trickle-of-news-on-the-next-wave-of-economic-legislation-including-insurance-economic-courts-and-consumer-protection-acts\/\">had raised objections<\/a> to what it saw as a lack of input from ministries and government agencies impacted by the law, including the CBE, Financial Regulatory Authority, and Finance Ministry. It remains unclear whether the law has since undergone a rewrite.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- House committees to discuss Leasing and Factoring Act, amendments to Economic Courts Act today: The House of Representatives\u2019 Economic Committee is discussing today the proposed Leasing and Factoring Act, according to Ahram Gate. The legislation, which the Ismail Cabinet approved last August, sets up a regulatory framework for factoring and leasing, adds clauses [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628467","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ac3e1e9b-ba9a-4fc1-9abc-73659158c86a","order":"0","is_powered_by":true,"section_story_id":"2aa6b4e5-012c-4d4f-b603-854ccfbb7dd2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628451],"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>Parliament committees to discuss Leasing and Factoring Act, amendments to Economic Courts Law today - 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\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament committees to discuss Leasing and Factoring Act, amendments to Economic Courts Law today\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- House committees to discuss Leasing and Factoring Act, amendments to Economic Courts Act today: The House of Representatives\u2019 Economic Committee is discussing today the proposed Leasing and Factoring Act, according to Ahram Gate. The legislation, which the Ismail Cabinet approved last August, sets up a regulatory framework for factoring and leasing, adds clauses [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-06T04:20:24+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Parliament committees to discuss Leasing and Factoring Act, amendments to Economic Courts Law today\",\"datePublished\":\"2018-05-06T04:20:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/\"},\"wordCount\":199,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/06\/parliament-committees-to-discuss-leasing-and-factoring-act-amendments-to-economic-courts-law-today\/\",\"name\":\"Parliament committees to discuss Leasing and Factoring Act, amendments to Economic Courts Law today - 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The bill, which will now be passed to the Council of State (Maglis Al Dawla) for review, adds clauses to regulate SME\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":600363,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/28\/egypts-fra-to-finalize-leasing-and-factoring-act-executive-regs-by-end-march\/","url_meta":{"origin":628467,"position":1},"title":"Egypt\u2019s FRA to finalize Leasing and Factoring Act executive regs by end-March","author":"enterpriseam admin","date":"28 January 2019","format":false,"excerpt":"REGULATION WATCH- FRA to finalize Leasing and Factoring Act regulations by end-March: The Financial Regulatory Authority (FRA) is set to finalize by the end of March the executive regulations for the Leasing and Factoring Act, sources familiar with the matter said. The authority will outline in the coming two months\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":628051,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/house-approves-leasing-and-factoring-act\/","url_meta":{"origin":628467,"position":2},"title":"House approves Leasing and Factoring Act","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"LEGISLATION WATCH- House approves Leasing and Factoring Act: The House of Representatives gave its final approval to the Leasing and Factoring Act during a plenary session yesterday, Al Masry Al Youm reports. The law, which regulates leasing and factoring as non-banking financing tools that are subject to oversight by the\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":599741,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egypt-sets-rules-for-leasing-and-factoring-companies-to-appeal-fra-decisions\/","url_meta":{"origin":628467,"position":3},"title":"Egypt sets rules for leasing and factoring companies to appeal FRA decisions","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"REGULATION WATCH- Madbouly sets framework for leasing and factoring companies to appeal FRA decisions: Prime Minister Moustafa Madbouly issued on Saturday a decree outlining the avenues for leasing and factoring players to appeal administrative decisions from the Financial Regulatory Authority (FRA) in accordance with the Leasing and Factoring Act. Under\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":601343,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/26\/parliament-committee-approves-economic-courts-act-amendments\/","url_meta":{"origin":628467,"position":4},"title":"Parliament committee approves Economic Courts Act amendments","author":"enterpriseam admin","date":"26 February 2019","format":false,"excerpt":"LEGISLATION WATCH- House committee gives nod to widening the jurisdiction of economic courts: The House of Representatives\u2019 Legislative Committee has approved amendments to the Economic Courts Act that aim to expand the scope of the nation\u2019s economic courts to cover new business and finance activity. The measures will also expedite\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":634529,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/fra-boss-expects-capital-markets-act-to-be-issued-in-february\/","url_meta":{"origin":628467,"position":5},"title":"FRA boss expects Capital Markets Act to be issued in February","author":"enterpriseam admin","date":"17 January 2018","format":false,"excerpt":"LEGISLATION WATCH- The Capital Markets Act is expected to come out sometime in February, Financial Regulatory Authority (FRA) head Mohamed Omran said yesterday, Al Mal reports. The House\u2019s Economics Committee had said in December that it was close to finalizing its review of the act \u2014 which should clear the\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=628467"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628467\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628451"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628467"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628467"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}