Money Laundering Bulletin
Egypt - in transition [Video]
Seven years after the Arab Spring, Egypt is stable but investors remain wary in the wake of November 2016’s currency devaluation,
with international banks also de-risking in favour of regional players. Only ten per cent of the population have a bank account
while the informal economy constitutes a major challenge to tax collection and transaction monitoring. Identification of individuals
is, though, set to become easier.
Paul Cochrane reports from Cairo.