Regulatory Alerts2024-12-17 | 13682Certificates of Deposit Issued by Banque du Liban, Issuing of Certificates of Deposit & Banking Certificates, Bonds and Accounts Held in Foreign Currencies at BDL
Banque du Liban, through Acting Governor Dr. Wissam Al Mansour, issued Interim Decision No. 13682 (Circular No. 719) to extend the validity of key provisions across four foundational regulatory decisions until June 30, 2025. The extension specifically preserves the legal frameworks for foreign currency deposit accounts at BDL, bonds issued by Lebanese banks and financial institutions, and the issuance systems for certificates of deposit and banking certificates. This regulatory measure ensures uninterrupted operational continuity and legal compliance for financial institutions managing foreign currency instruments without requiring immediate legislative renewal.
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