Regulatory Alerts2017-12-01 | 12728Central Bank of Lebanon Circular No. 478: Amendment of Fundamental Decision No. 6905 on Financial Statements of Money Dealers
The Central Bank of Lebanon issued Circular No. 478 to amend Fundamental Decision No. 6905 regarding the financial reporting requirements for money dealers operating in Lebanon. The regulation mandates that all money dealers submit monthly, quarterly, or semi-annual balance sheets and annual audited profit and loss statements using new standardized templates (0MDBS and 1MDPL). These financial reports must be delivered electronically via CD and in signed hard copy to the Banking Control Commission and the Banking Directorate by specified deadlines.
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