Regulatory Alerts2022-08-28
Notice No. 84 on Increasing the Minimum Capital for Financial Institutions Engaged in Securities Activities and Amending the Licensing and Registration Regulation Series 2000
The Capital Market Authority, in coordination with the Central Bank of Lebanon, issued Notice No. 84 to amend Article 2103 of the Licensing and Registration Regulation Series 2000 by increasing the minimum capital requirements for licensed financial institutions engaged in securities activities by twenty percent. The updated regulation specifies tiered capital thresholds ranging from 180 million to 7.2 billion Lebanese Lira across distinct operational categories, including trading, advisory, arrangement, management, and custody services. Licensed institutions must secure regulatory approval for their capital increases and comply with the revised thresholds by December 31, 2022.
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