Banque du Liban issued Circular 170 in July 2025, imposing a prohibition on banks, financial institutions and all entities licensed by the central bank from conducting any dealings with unlicensed money exchange institutions, money transfer companies and sanctioned entities.
CIRCULAR COVERS BROKERS AND COLLECTIVE INVESTMENT SCHEMES
Circular 170's scope extends beyond banks to financial brokerage firms and collective investment schemes, which are among the BdL-licensed entities barred from dealing with unlicensed or sanctioned counterparties.
FATF GREY LIST
The Financial Action Task Force placed Lebanon on its grey list in October 2024 over deficiencies in its AML/CFT framework.