Regulatory Alerts2019-05-21
Amendment to the Capital Markets Licensing and Registration Regulations Series 2000
The Capital Markets Authority of Lebanon, through Announcement No. 56, amends Paragraph (2) of Article 2409 of its Licensing and Registration Regulations Series 2000 to update professional experience exemptions. The revised criteria exempt individuals with at least fifteen years of financial and banking sector experience, including five years in securities, from required exams, while those with ten to fifteen years must additionally complete all exam-related seminars. These updated exemption thresholds apply to experience accrued up to December 14, 2017, and the announcement takes effect immediately upon its publication in the Official Gazette.
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