2019-03-12

Announcement No 53 Repealing Capital Markets Authority Decisions Nos. 1, 2, 8 and 9

The Capital Markets Authority has repealed four prior regulatory decisions (Nos. 1, 2, 8, and 9) originally issued in June and December 2013. Enacted pursuant to Law No 161 of 2011 and Board Decision No 14/3/19, the repeal streamlines the existing capital markets regulatory framework. The announcement takes immediate legal effect upon its publication in the Official Gazette.

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Announcement No 53 Related to the repeal of Decision No 1 of June 11, 2013 Decision No 2 of June 11, 2013 Decision No 8 of December of 27, 2013 Decision No 9 of December of 27, 2013 Pursuant to Law No 161 dated 17/8/2011 on Capital Markets, Pursuant to the decision of the Capital Markets Authority’s Board No 14/3/19 taken in its meeting held on 26/2/2019, Pursuant to Announcement No 22 issued on June 20, 2017 by the CMA and related to the scope of implementation of the implementing regulations and decisions issued by the Authority, We inform you of the following: First: Decisions No 1 of 11/6/2013, No2 of 11/6/2013, No8 of 27/12/2013 and Decision No9 of 27/12/2013 shall be repealed. Second: This Announcement shall enter in force upon its publication in the Official Gazette. Beirut, March 12, 2019 Chairman of the CMA/ Governor of Banque du Liban Riad Toufic Salame