The duty to identify clients (this is found under Part 1 of FICA and is also commonly referred to as “know your client” or customer due diligence). The duty to keep records (this is found under Part 2 of FICA). Reporting duties and access to information (found under Part 3 of ...
The Act was published on 20 May 2003 and has been amended several times since last August 2018. Before it was repealed in March 2021 by the new Special Purpose Investment Companies and Companies for Securitization Act. This summary is prepared based on the legislation applicable as at 31 ...
Egypt's Investment Law was amended to attract more foreign investors. Fuel and electricity subsidies have been continuously reduced since 2014, as part of the government's goal of reducing spending. The price of sugar was raised by 40%. The CBE has abolished a 'priority list' for imports. ...
45. His actions and breach of duty have aided, abetted, and provided material sponsorship of the spread of international terrorism and al Qaeda. DMI has involved itself in al Qaeda financing through several of its subsidiaries, including but not limited to, Islamic Investment Bank of...