Author: Thu, 2022-04-14 21:08 BEIRUT: The Lebanese Cabinet decided on Thursday to review a draft amendment to the bank secrecy law during its next session before referring it for parliamentary approval. The decision comes after such a requirement was stated in a staff-level agreement between the International Monetary Fund and the Lebanese negotiating team on April 7. It required: “Parliament approval of a reformed bank secrecy law to bring it in line with international standards to fight corruption and remove impediments to effective banking sector restructuring and supervision, tax administration, as well as detection and investigation of financial crimes, and asset recovery.” Leban
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