Regulatory Alerts2026-01-09 | 13790Electronic Payment Services Providers
The Governor of the Central Bank of Lebanon issued Fundamental Decision No. 13790 to establish a regulatory framework for licensing and supervising Electronic Payment Services Providers (EPSPs), excluding banks and financial institutions. The decision mandates strict capital requirements, corporate governance standards, and operational procedures for five specific service categories, including electronic money and money transfers. It further imposes ongoing compliance obligations regarding anti-money laundering, IT security, consumer protection, and independent auditing to ensure market stability and integrity.
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