While promising at first glance, in its current shape the draft bill is characterised more by ambiguities than substance. For example, the proposal fails to mention whether the lifting of banking secrecy is retroactive or offers a proper framework to determine when lifting banking secrecy is appropriate. Instead, the law includes rather obscure provisions for banks to deny requests for information, while opening the door to abuse of power.
Will Mansouri succeed where Salameh deliberately failed? Read full article
For decades, Lebanon’s economy has overwhelmingly served the interests of certain economic actors, who preside over widespread monopolies and oligopolies.
How Credit Unions Can Bring More Accountability to Lebanese Finance.
Explore our infographic on the interconnections and vested interests among the players vying to control LibanPost.
Pro-Palestinian and Pro-Israeli Sympathies in the United States.
Reform of state-owned enterprises is both possible and necessary, starting with electricity and telecoms. Read the full paper.
A guide for recovering the lifesavings of Lebanese depositors. Read full article
Will Mansouri succeed where Salameh deliberately failed? Read full article
