LBCI

Lebanese Parliament approves banking secrecy law with a majority of 87

Lebanon Economy

24-04-2025 | 05:48

Share

Share

Lebanese Parliament approves banking secrecy law with a majority of 87

The Lebanese Parliament has passed the banking secrecy law with a strong majority of 87 votes after amending Article 3.

The revised version of Article 3 now mandates the complete and unrestricted lifting of banking secrecy for the benefit of the Banque du Liban (BDL), the Banking Control Commission, and auditors or independent assessors officially appointed by these bodies.

The implementation details of this article will be outlined in a decree issued by the Cabinet based on a proposal from the Finance Minister, following consultation with BDL.

The law maintains a ten-year retroactive period during which account information can be disclosed, preserving a key accountability provision from previous drafts.

Lebanon News

Lebanon Economy

Lebanese

Parliament

Banking

Secrecy

Law

Majority

Next

Lebanese Parliament delays IMF contribution bill amid financial burdens

Lebanon commits to structural reforms, Minister Yassine Jaber tells IMF, World Bank

Previous

Recommended For You

Fuel prices increase in Lebanon

Lebanon Economy

2025-07-22

Fuel prices increase in Lebanon

Lebanon’s tobacco body emerges as major source of state revenue — A model for other state institutions?

News Bulletin Reports

2025-07-21

Lebanon’s tobacco body emerges as major source of state revenue — A model for other state institutions?

Lebanon's banking future: BDL enlists US firm to tackle unregulated economy, Hezbollah-linked cash flows

News Bulletin Reports

2025-07-18

Lebanon's banking future: BDL enlists US firm to tackle unregulated economy, Hezbollah-linked cash flows

Lebanon, Jordan discuss new paths for shared economic growth

Lebanon Economy

2025-07-18

Lebanon, Jordan discuss new paths for shared economic growth

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Iranian satellite to be launched Friday aboard Russian rocket

Middle East News

08:09

Iranian satellite to be launched Friday aboard Russian rocket

Lebanon appoints new head of Beirut Airport

2025-05-13

Lebanon appoints new head of Beirut Airport

Erdogan slams Israel's 'banditry' after Iran strikes

Middle East News

2025-06-13

Erdogan slams Israel's 'banditry' after Iran strikes

Israeli army denies targeting civilian building in South Lebanon

2025-06-27

Israeli army denies targeting civilian building in South Lebanon

Videos

Pregnant journalist Petra Abou Haidar attacked in road rage assault

2025-07-15

Pregnant journalist Petra Abou Haidar attacked in road rage assault

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

Kuwait rolls out official welcome for Lebanon's President Aoun – video

2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

News Bulletin Reports

2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

Most read

24 hours

7 days

Month

Israel speaks on Hezbollah's disarmament: Tom Barrack's approach sparks controversy

1

Israel speaks on Hezbollah's disarmament: Tom Barrack's approach sparks controversy

Selective accountability: Lebanese Parliament acts on Bouchikian amid demands for broader justice

2

Selective accountability: Lebanese Parliament acts on Bouchikian amid demands for broader justice

US envoy Tom Barrack's Lebanon meetings: Real progress or uncertainty?

3

US envoy Tom Barrack's Lebanon meetings: Real progress or uncertainty?

Israeli strike targets vehicle near Tebnine Governmental Hospital

4

Israeli strike targets vehicle near Tebnine Governmental Hospital

Hezbollah's Naim Qassem condemns Gaza assault, calls for action against Israel

5

Hezbollah's Naim Qassem condemns Gaza assault, calls for action against Israel

Zahle named ''World Wine City'' by International Vine and Wine Organization

6

Zahle named ''World Wine City'' by International Vine and Wine Organization

Parliament lifts immunity of MP George Bouchikian with 99 votes in favor

7

Parliament lifts immunity of MP George Bouchikian with 99 votes in favor

Macron to receive Lebanon's PM Nawaf Salam in France

8

Macron to receive Lebanon's PM Nawaf Salam in France

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More