The Lebanese Central Bank issued on Saturday the following statement:

“The Higher Banking Commission, headed by Central Bank Governor, Riad Salameh, convened on Tuesday, January 4, 2022, and took a decision to issue warnings prior to writing off the licenses granted by the Central Bank to 188 money changers for their failure to register the sale and purchase of US dollars on the Sayrafa platform.”

“According to the legal deadlines, these money changers will receive the decision of the Supreme Banking Authority within a period of 40 days, provided that the authority after the end of this period and in accordance with the law write off the licenses of money changers who continue not to comply with the circular that requires the registration of all transactions on the Sayrafa platform.”

Source: National News Agency