Regulatory Alerts2021-12-03
De-Listing of Julius Baer (Lebanon) SAL from the List of Financial Intermediation Institutions
The Capital Markets Authority issued Notice No. 79 to formally remove Julius Baer (Lebanon) S.A.L. from the List of Financial Intermediation Institutions, effective upon publication in the Official Gazette. This de-listing follows the Board's October 12, 2021 decision to cancel the firm's license subject to specific compliance conditions. The regulatory action confirms that all legal prerequisites for the cancellation have been verified and documented by the Authority's Chairman.
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