Regulatory Alerts2021-12-23 | 13392Certificates of Deposit Issued by Banque du Liban, Issuing of Certificates of Deposit and Banking Certificates, Bonds, Accounts Held in Foreign Currencies at BDL, and Opening of Bank Accounts
The Banque du Liban issued Interim Decision No. 13392 to extend the validity of five key regulatory provisions governing foreign currency accounts, certificates of deposit, banking instruments, and bank account openings until June 30, 2022. The decision amends specific articles within Decisions No. 5258, 6856, 7224, 7534, and 13100, which collectively regulate the issuance and management of financial instruments by Lebanese banks and financial institutions. Effective immediately upon issuance, this extension ensures continuous regulatory compliance for existing instruments while maintaining the operational framework established by prior monetary and exchange laws.
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