Regulatory Alerts2021-12-23 | 13390Exceptional Measures for Cash Withdrawals
The Governor of the Central Bank of Lebanon issued Interim Decision No. 13390 to amend Fundamental Decision No. 13384, extending the validity of exceptional cash withdrawal measures until January 31, 2022. The revised fourth article requires the decision to take immediate effect upon issuance and publication, apply retroactively to all transactions, and remain subject to renewal. This amendment operates under Articles 70 and 174 of the Monetary and Banking Law, ensuring continued regulatory flexibility for Lebanese banks.
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