Regulatory Alerts2014-03-31
Capital Markets Authority Announcement No. 2 on Commissions and Fees
The Capital Markets Authority of Lebanon has issued Announcement No. 2 to transfer fee collection from Banque du Liban and establish a comprehensive commission schedule for banks, financial institutions, intermediaries, and licensed entities. The regulation requires advance payment in Lebanese Pounds through the BDL-RTGS system to a designated IBAN, mandating precise SWIFT message formatting for each application category. These standardized fees govern all existing and future formalities, including licensing, capital increases, collective investment schemes, and securitization approvals.
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