Parliament initially approves bill on amending anti-money laundering law

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).