Regulatory Alerts2024-02-02 | 13618Issuing of Certificates of Deposit and Banking Certificates, Bonds and Opening of Bank Accounts
The Acting Governor of the Central Bank of Lebanon issued Intermediary Decision No. 13618 on February 2, 2024, amending three foundational decisions that regulate bonds, support and banking certificates, and bank account openings. The decision extends the operational validity of Article Six bis of Basic Decision No. 6856 and Article Twenty of Basic Decision No. 7224 until June 30, 2024, and removes a specific paragraph from Article Four of Basic Decision No. 13100. These amendments take immediate effect upon issuance and are published in the Official Gazette to maintain regulatory continuity for Lebanese banks and financial institutions.
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