Regulatory Alerts2018-08-03 | 12848Central Bank of Lebanon Circular No. 500: Amendment to Decision No. 7858 Regarding Statistical Data
The Central Bank of Lebanon issued Circular No. 500 to amend Decision No. 7858 concerning the submission of statistical data by banks and financial institutions. The directive mandates the replacement of the previous Form 2 FND with a new version and establishes specific extended deadlines for the submission of overdue data for the periods ending in February through August 2018. This regulation requires commercial and investment banks to report their monthly financial positions, detailing sources and uses of funds in Lebanese Lira and other currencies.
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