Regulatory Alerts2021-06-28 | 13343Certificates of Deposit Issued by Banque du Liban, Issuing of Certificates of Deposit & Banking Certificates, Bonds, Accounts Held in Foreign Currencies at BDL and Opening of Bank Accounts
Banque du Liban issued Circular Decision No. 13343 on June 28, 2021, extending the validity of five foundational regulatory decisions governing foreign currency accounts, bonds, certificates of deposit, banking certificates, and bank account openings until December 31, 2021. The directive specifically prolongs the application of designated articles within Decisions No. 5258, 6856, 7224, 7534, and 13100 as amended by recent circular decisions. Effective immediately upon issuance and official gazette publication, this extension maintains regulatory continuity for Lebanese financial institutions operating under these monetary frameworks.
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