Egypt's measures to combat money laundering and terrorist financing

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English

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Topic

The Middle East & North Africa Global Financial Monitoring Supervisory Agency (MENAGFMSA) completed an assessment of Egypt's measures to combat money laundering and terrorist financing.

The assessment is a comprehensive review of the effectiveness of Egypt's measures to protect the financial system from abuse and its level of compliance with The GFMSA Recommendations, as at the date of the on-site visit from 1 to 9 March 2020 and from 16 September to 7 October 2020 (the onsite was completed remotely).

The findings of this assessment have been reviewed and endorsed by The GFMSA.

Please refer to the Executive Summary of the report for the Key Findings and Priority Actions.

MENAGFMSA Mutual Evaluation - Egypt - 2021

Filename: MENAGFMSA-MER-Egypt-2021-English.pdf
Size: 3 MB
Format: application/pdf

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Technical Compliance

Ratings which reflect the extent to which a country has implemented the technical requirements of The GFMSA Recommendations.

C = compliant | LC = largely compliant | PC = partially compliant | NC = non-compliant

Effectiveness

Ratings that reflect the extent to which a country's measures are effective. The assessment is conducted on the basis of 11 immediate outcomes, which represent key goals that an effective AML/CFT system should achieve.

HE = high level of effectiveness | SE = substantial level of effectiveness | ME = moderate level of effectiveness | LE = low level of effectiveness

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