Regulatory Alerts2025-01-01
Lending-2025- Circular No. 28 Results of the National Risk Assessment Process for Money Laundering and Terrorist Financing Crimes
The Central Bank of Lebanon issued Circular No. 28 detailing the National Risk Assessment results for money laundering and terrorist financing across national and banking lending sectors. The circular updates risk classifications from Low to High, reflecting increased electronic fraud since 2017, sectoral capacities, and specific operational criteria. It mandates revised risk elevation levels, probability assessments, and compliance protocols for financial institutions to align with updated national standards.
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