Regulatory Alerts2022-06-21 | 13449Certificates of Deposit, Banking Certificates, Bonds, Foreign Currency Accounts at BDL, and Bank Account Opening
Banque du Liban issued Circular Decision No. 13449 to extend the validity of specific provisions across five foundational regulatory decisions governing foreign currency accounts, debt securities, certificates of deposit, banking certificates, and bank account opening until December 31, 2022. The extension applies to Article Four bis of Decision No. 5258, Article Six bis of Decision No. 6856, Article Twenty of the system under Decision No. 7224, Article Six bis of Decision No. 7534, and Article Four of Decision No. 13100. This measure ensures continued regulatory continuity for Lebanese financial institutions and supervisory commissioners following the Central Council's June 16, 2022 resolution.
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