The Central Bank of Egypt (CBE) has issued new guidance clarifying the responsibilities of banks’ anti-fraud departments, supplementing the instructions issued on 2 April 2026 regarding the establishment of specialised departments for fraud management and prevention within the banking sector. The CBE explained that the role of anti-fraud departments is to develop the policies, mechanisms, [...] The post CBE defines responsibilities of banks’ anti-fraud departments first appeared on Dailynewsegypt .
