Regulatory Alerts2021-10-19 | 13370Banks Statement: Central Bank of Lebanon Decision No. 13370
The Central Bank of Lebanon issued Decision No. 13370 to amend the status of banks under Decision No. 7723, specifically by adding a new category for foreign funds transferred or received in cash after November 17, 2019. The decision revises reporting obligations by mandating electronic submission via the eSTR project within twelve days and paper submissions within ten days from suspension dates. It takes effect on October 31, 2021, and applies to all banks, financial institutions, and leasing companies.
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