2018-02-20
The Capital Markets Authority of Lebanon issued Announcement No. 29 to amend the Licensing and Registration Regulation in the Capital Markets Series 2000 while repealing Decisions No. 10 and No. 7 governing financial intermediation institutions. The updated framework establishes clear rules for complementary operations, share transfers and capital allocations, staff aptitude standards, and the removal of the CAMS examination requirement for compliance officers. These consolidated regulatory provisions enter into force upon publication in the Official Gazette, standardizing licensing procedures across the sector.