Regulatory Alerts2021-12-20
Fees and Commissions updated by Announcement 78
The Capital Markets Authority, acting under Law No. 161 and Board Decision No. 21/10/22, issued Announcement No. 78 to cancel and replace Announcements Nos. 2 and 9, thereby increasing commission fees in Lebanese Lira across all licensed financial entities. Annex 1 establishes a comprehensive fee schedule ranging from 1,000,000 to 20,000,000 L.L. for over twenty distinct licensing, registration, and operational requests submitted by banks, financial institutions, securities firms, and other regulated entities. Annex 2 mandates prepayment via the RTGS-BDL system using a standardized SWIFT MT20 message format and requires applicants to attach bank transfer receipts and MT298 messages confirming payment completion.
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