Capital Markets Authority Announcement No. 74 on Client Reports and Statements

Announcement No. 74
On reports, statements of account and contract notes to clients 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. 7/5/21 repeated adopted in its meeting held on 01/06/2021, Please note the following:
First: The CMA’s approved institutions which are branches and/ or subsidiaries and/ or sister companies of foreign financial institutions (known as “parent” companies or Booking Center), which undertake the sending of reports, statements of accounts and contract notes to their clients pursuant to the provisions of the Series 3000 - Business Conduct Regulation, may send such reports, statements of accounts and contract notes as issued directly by the “parent” institutions or the Booking Center, as opposed to sending such documents as issued by the approved institution. Second: This Announcement shall enter into force upon its publication in the Official Gazette. Beirut, September 8, 2021 Chairman of the Capital Markets Authority/ Governor of the Central Bank of Lebanon Riad Toufic Salame (Signed)