Regulatory Alerts2023-01-30 | 13530Exceptional Measures for Cash Withdrawals
The Governor of the Central Bank of Lebanon issued Decision No. 13530 to amend Article Four of Basic Decision No. 13384, extending the validity period for exceptional cash withdrawal measures until February 28, 2023, subject to renewal. The revised provision mandates immediate effect upon issuance and confirms the continued application of the article’s provisions to current banking operations. This regulatory update preserves operational flexibility for Lebanese banks under the Monetary and Banking Law while maintaining Central Bank Council oversight.
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