Daily News EgyptCBE receives banks' proposals to amend Banking LawDaily News EgyptThe CBE will review the Banking Law in preparation for amending the law in line with developments in local and global banking operations over the past 13 years subsequent to the issuance of this law, deputy governor Gamal Negm announced in April.and more »
Law.com (subscription)Cannabis Banking Issues: All Cash and Not A Lot of ProtectionLaw.com (subscription)The cannabis industry did in 2015, after virtually no bank would accept legalized marijuana sales deposits. Instead, because the Comprehensive Drug Abuse Prevention and Control Act, 21 U.S.C. Section 801, Et. Seq (1970) (Controlled Substance Act), ...and more »
Al-BawabaNew Swiss banking law to help repatriate $650M of looted assets to EgyptAl-BawabaSwitzerland will implement a new law in July to help seize and repatriate illicit wealth parked in its banks by foreign dictators, the government said on Wednesday. The move is aimed at helping Switzerland and its wealth management industry shake off ...
ReutersTrump preparing plan to dismantle Obama's Wall Street reform lawReutersTrump told Reuters in an interview that he would release a plan in about two weeks for overhauling the 2010 financial regulatory law known as Dodd-Frank. "Dodd-Frank has made it impossible for bankers to function," the presumptive Republican nominee ...Wall Street bearish on Trump's call to scrap […]