Author: Hala Ragab

 General Counsel & Corporate Secretary at Credit Agricole Due to the rapid changes that took place in the local and international banking environment for banking services, methods of payment, financial technology, digitalization, and financial inclusion, and in light of the Government policy for economic reform, it was necessary to update Egypt’s legislative environment in order to align with these developments. The Central Bank of Egypt (CBE) presented a draft law in line with international practices aiming to achieve the above targets in cooperation with domestic and international regulatory bodies. The draft has been reviewed by the banking community, ministries, and…