Regulatory Alerts2020-10-14
Capital Markets Authority Lists 4T S.A.L. on Financial Intermediation Institutions List
The Capital Markets Authority of Lebanon has listed 4T S.A.L. as Financial Intermediation Institution No. 32, formally authorizing the company to conduct securities dealing and advising services. This designation follows the Board's October 2020 licensing decision and a September application, confirming full compliance with Capital Markets Law No. 161/2011 and Beirut commercial registration requirements. The official announcement takes effect upon publication in the Official Gazette, thereby updating the national registry of licensed financial intermediaries.
CAPITAL MARKETS AUTHORITY Announcement No. 68 The Chairman of the Capital Markets Authority, Pursuant to Law No. 161 dated 17/08/2011 on Capital Markets, Pursuant to the decision of the Board of the Capital Markets Authority No. 23/12/20 adopted in its meeting held on 06/10/2020 approving the licensing of “4T SAL” as a Financial Intermediation Institution to provide dealing and advising services in securities business, Whereas the said company is duly registered in the Commercial Register of Beirut, Pursuant to the application sent by the said company to the Capital Markets Authority on 15/09/2020 including its request to be listed on the Financial Intermediation Institutions list, Having reviewed the submitted documents confirming that the legal conditions of such listing were met,
Decides as follows: Article 1: “4T SAL” shall be listed on the Financial Intermediation Institutions list under No. 32. Article 2: This Announcement shall be published in the Official Gazette. Beirut, October 14, 2020 Chairman of the Capital Markets Authority/ Governor of the Central Bank of Lebanon Riad Toufic Salame (Signature)