Injustice Upon Injustice: Lebanon’s Failure to Investigate Israeli War Crimes
The Lebanese state itself violates international law by not pursuing legal redress for its citizens

The Lebanese state itself violates international law by not pursuing legal redress for its citizens

How the fate of thousands hinges on the shifting political winds in Beirut and Damascus

How Meseret Hailu’s Landmark Slavery Case Could Transform Lebanon’s Kafala System

The country must break the cycle of impunity and strengthen its sovereignty by ratifying the Rome Statute.

Founded: 1962Total Assets*: US$2.87 billionCustomer Deposits*: US$2.42 billionRanking by Assets*: 19 (*as of Dec 31, 2021, ABL Almanac 2022, converted at LL1507.5/US$) Background Lebanese Swiss Bank (LSB) was founded in 1962. In 1973, the bank was bought by Credit Suisse and henceforth operated under the Credit Suisse (Moyen Orient) SAL.1‘Overview – LSB’, accessed 13 July 2023, https://www.lebaneseswissbank.com/about-us/overview.↓ In 1988, the bank […]

Lebanon’s updated banking secrecy law is progressing towards reform, yet riddled with ambiguities and potential for power abuse.

Lebanon must transition from a depositor-funded bail-out to a just bail-in, holding those responsible for the financial crisis accountable and ensuring fair loss distribution through international standards and local laws.

Exploring Lebanon’s loss distribution dilemma, focusing on banks using depositor funds to cover losses, evasion of accountability standards, and the urgent need for bank restructuring.

Legal loopholes and self-interested gatekeepers will likely prevent justice from running its course