The Central Bank (BDL) has instructed local banks and financial institutions to abide by the U.S. law approved in December 2015 that aims to prevent the financing of Hezbollah.
The banks are required to immediately inform BDL's Special Investigation Commission (SIC) of any measures they decide to take in application of this law, especially when they intend to freeze or close any of their customers' accounts, BDL said in its Basic Circular 137 released Tuesday. Other measures that need not...
Article details
The banks are required to immediately inform BDL's Special Investigation Commission (SIC) of any measures they decide to take in application of this law, especially when they intend to freeze or close any of their customers' accounts, BDL said in its Basic Circular 137 released Tuesday. Other measures that need not...
Article details
No comments:
Post a Comment