Regulatory Alerts1997-03-13 | 6504Financial Statements of Financial Institutions
The Central Bank of Lebanon issued Basic Decision No. 6504 to mandate standardized financial reporting for all domestic and foreign financial institutions operating in the country. The regulation requires these entities to adopt Form 2010 and submit monthly, annual, consolidated, and subsidiary unit statements electronically via eSTR or on diskettes, alongside hard copies, within strictly defined submission windows. It further classifies accounts by residency and currency, defines subsidiary unit consolidation rules, and integrates a comprehensive client coding system for economic classification.
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