Regulatory Alerts2013-11-29 | 11618Information on Foreign Direct Investment (FDI) Between Non-Residents and the Resident Banking and Financial Sector
Banque du Liban issued Decision No. 11618 requiring resident banks, financial institutions, financial intermediation entities, and leasing companies to submit annual Coordinated Direct Investment Survey (CDIS) reports detailing Foreign Direct Investment between non-residents and the resident sector. The regulation mandates paper and electronic submissions by July 31 each year, with initial retrospective filings covering the financial years 2010 to 2012 due within one month of issuance. The decision takes effect immediately upon publication in the Official Gazette and establishes standardized reporting frameworks for equity, debt, income, and withholding taxes.
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