Regulatory Alerts2023-07-12
Circular 4/2017
The Central Bank of Libya issued Circular 4/2017 to establish regulatory requirements for financial institutions. The document outlines specific operational guidelines and compliance standards mandated for banks and other financial entities. It serves as a binding directive to ensure adherence to national monetary policies and banking regulations.
Circular 4/2017
The Central Bank of Libya issues Circular 4/2017 regarding the regulation of [Subject Matter]. This circular mandates that all licensed financial institutions comply with the specified provisions effective from the date of issuance. Failure to adhere to these regulations may result in administrative penalties as defined by Libyan banking law. The text of the circular follows below, detailing the specific articles and clauses applicable to the sector.