Regulatory Alerts2022-06-07
Central Bank of Libya Circular Letter No. 191/2013
The Central Bank of Libya issued Circular Letter No. 191/2013 to forward Council of Ministers Resolution No. (631) for 2013, which adds specific names to the schedule of Law No. (47) for 2012 governing the management of assets and property of designated individuals. Commercial banks, their temporary administrative committees, and the Libyan Foreign Bank are required to implement these additions by taking all necessary procedural measures. This directive ensures compliance with the updated asset management framework as communicated through the Interim Government's Ministry of Justice.
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