RegAlertRule · CBL · 2 Jan 2025
Circular No. 2/2025
The Central Bank of Libya confirms the continued application of Parliamentary Speaker Resolution No. 86 of 2024, which imposes a fee on the official exchange rate, until the Bank issues contrary instructions. This directive applies to all banks under the Central Bank's supervision and requires compliance with the existing fee structure.
Central Bank of Libya
P.O. Box 1103
Telegram Address: Central Bank of Libya - Tripoli - Libya
Circular: (No. 2/2025)
Date: 02 Rajab 1446 AH
Corresponding to: 2025/01/02 AD
To: General Managers of Banks
Greetings...
Based on the provisions of Law No. (1) of 2005 concerning Banks and its amendments, and within the framework of the supervisory and regulatory role exercised by the Central Bank of Libya on banks in accordance with the provisions of the aforementioned Law.
With reference to Circular No. (2024/18) issued on 2024/11/20, which forwarded the letter from the Director of the Office of the President of the Libyan House of Representatives, reference number m.sh.r 1958-2024, dated 2024/11/20, which forwarded a copy of the decision of the President of the Libyan House of Representatives No. (86) of 2024, issued on 2024/11/20, imposing a fee on the official exchange rate.
We inform you of the continued application of the decision of the President of the Libyan House of Representatives No. (86) of 2024, issued on 2024/11/20, imposing a fee on the official exchange rate, until the Central Bank of Libya issues instructions to the contrary.
Peace be upon you...
Abdul Majid Ahmed Al-Maqouri
Director of the Banking and Currency Supervision Department
Copies to:
- The Governor
- The Deputy Governor
- The Director of the Office of Presidential Affairs at the House of Representatives
- Director of the Banking Operations Department, Central Bank of Libya
- Director of the Accounts Department, Central Bank of Libya
- Director of the Legal Department - Central Bank of Libya
- Director of Research and Statistics Department - Central Bank of Libya
- Director of the Libyan Financial Intelligence Unit - Central Bank of Libya
- Deputy Director of the Banking and Currency Supervision Department for Banking Supervision Affairs, Benghazi
- Deputy Director of the Banking and Currency Supervision Department for Regulatory Affairs, Office Follow-up and Compliance Monitoring
- To the Heads of Compliance Units in Banks for follow-up
- Banking Follow-up and Compliance Monitoring Department
Prepared on: 02 January 2025
Phone: +218 21 444 1488, Fax: +218 21 3591 333, www.cbl.gov.ly, swift code: CBLJLYLX
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Source: Central Bank of Libya — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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