Regulatory Alerts2018-06-20
Amendment to the Licensing and Registration Regulation Series 2000
The Capital Markets Authority of Lebanon amended Article 2501 of its Licensing and Registration Regulation Series 2000 to establish a December 31, 2018 compliance deadline for banks and financial institutions. These entities must submit a signed document outlining their intended securities activities alongside an external auditor’s compliance report to continue operations without obtaining a new license. The amendment takes effect upon publication in the Official Gazette and formalizes the regulatory transition for existing financial institutions.
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