Regulatory Alerts2022-10-28 | 13494Added · Updated
Exceptional measures for cash withdrawals
The Governor of the Central Bank of Lebanon issued Central Decision No. 13494, which amends Article Four to extend the validity period of exceptional cash withdrawal measures until November 30, 2022, subject to renewal. This amendment takes immediate effect upon issuance and mandates official publication, operating pursuant to the Monetary and Credit Law and a recent Central Bank Council resolution. Financial institutions must apply the renewed withdrawal conditions throughout the specified extension period without further legislative action.
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