Regulatory Alerts2002-02-13 | 8052Central Bank of Lebanon Basic Decision No. 8052: Reporting of Residents' Investments in Securities Issued by Non-Residents
The Central Bank of Lebanon issued Basic Decision No. 8052, mandating banks, financial institutions, financial intermediaries, and factoring companies to report quarterly on residents' investments in securities issued by non-residents. The regulation requires the use of specific 'Mem' and 'Jim' questionnaires to capture data on equity and debt securities held directly or deposited with custodians, valued at market price. This reporting framework aims to improve balance of payments statistics and ensure accurate geographic classification of external liabilities.
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