Lebanese banking secrecy, relic of a decaying liberal model

Lebanese banking secrecy relic of a decaying liberal model

Lebanese banking secrecy, once considered a blessing for the country’s growth, has turned against a Lebanon now in crisis. Reformed several times to comply with international standards, banking secrecy has lost its scope without disappearing. The abolition of this legislation called for during the 2019 revolt to end the practices of political leaders accused of … Read more