MENAFATF’s 4th follow-up report upgrades Egypt to ‘Largely Compliant’ on FATF R.3, citing strong legal reforms yet ongoing gaps in tackling organised crime and AML/CFT enforcement

The report recognizes Egypt’s continued progress in enhancing its AML/CFT framework, particularly through legislative amendments, judicial clarification, and stronger institutional coordination. It also emphasizes the need for deeper operational effectiveness, improved risk-based supervision, and fuller integration of non-financial sectors into the national AML/CFT system…