Regulatory Alerts2022-06-07
Periodic Letter No. 163 (2019)
The Central Bank of Libya declares Wednesday, October 23, 2019, as an official Liberation Day holiday and Thursday, October 24, 2019, as a leave day to be deducted from employee balances, with work resuming on Sunday, October 27, 2019. This directive is issued pursuant to Law No. 1 of 2005 and Article 17 of the Executive Regulations of Law No. 12 of 2010, mandating that all supervised banks and financial service companies observe these adjusted working days. The notice further distributes copies to relevant internal departments, branch managers, and compliance units for implementation and follow-up.
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