EGYPT
Lebanon Israel
Jordan
Cairo
Saudi Arabia
Egypt
Libya
Law and Practice Contributed by: Mahmoud S. Bassiouny, Iman Nassar, Habiba Gamaleldin and Israa Mostafa Matouk Bassiouny
Contents 1. Legal Framework p.174 1.1 Key Laws and Regulations p.174 2. Authorisation p.174 2.1 Licences and Application Process p.174 3. Changes in Control p.175 3.1 Requirements for Acquiring or Increasing Control Over a Bank p.175 4. Governance p.176 4.1 Corporate Governance Requirements p.176 4.2 Registration and Oversight of Senior Management p.176 4.3 Remuneration Requirements p.177 5. AML/KYC p.177 5.1 AML and CFT Requirements p.177 6. Depositor Protection p.178 6.1 Deposit Guarantee Scheme (DGS) p.178 7. Prudential Regime p.178 7.1 Capital, Liquidity and Related Risk Control Requirements p.178 8. Insolvency, Recovery and Resolution p.180 8.1 Legal and Regulatory Framework p.180 9. ESG p.182 9.1 ESG Requirements p.182 10. DORA p.183
10.1 DORA Requirements p.183 11. Horizon Scanning p.183 11.1 Regulatory Developments p.183
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