Regulatory Alerts2020-06-08 | 13232Issuing of Certificates of Deposit & Banking Certificates and Bonds
The Governor of the Central Bank of Lebanon issued Circular Decision No. 13232 to extend until December 30, 2020, the settlement provisions for support loan bonds and negotiable instruments held by custodians, as well as certificates of deposit and banking certificates. This extension applies to the repeated Article Six of Circular Decision No. 6856 and Article Twenty of Circular Decision No. 7224, both amended by Circular Decision No. 13187 dated January 30, 2020. The measure safeguards public interest and ensures the continuous operation of the Central Bank amid current exceptional economic conditions, taking immediate effect upon issuance.
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