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Find all the economic and financial information on our Orishas Direct application to download on Play StoreLe Parlement libanais a adopté douze lois visant à fight corruption in the public and private sectors and to recover funds derived from illegal acts in fourteen years. The adoption of these laws was prompted by Lebanon's international commitments such as the recommendations of the Financial Action Task Force (GAFI ), the United Nations Convention against Corruption (2003), and the guidelines of the United Nations Office on Drugs and Crime (UNODC
).Between 2008 and 2022, the Lebanese Parliament passed laws such as:
- Law No. 33 of 16/10/2008 authorizing the Lebanese government to accede to the United Nations Convention against Corruption;
- Law No. 160 of 17/8/2011 on the prohibition of the personal exploitation of privileged information on financial markets;
- La Law No. 222 of 2/4/2012 on the extension of the number of judges and auditors at the Court of Auditors;
- La Law No. 44 of 24/11/2015 on the fight against money laundering and the financing of terrorism. This law gives the Special Commission of Inquiry, which it created and which is chaired by the governor of the Banque du Liban, a central role in its application. Operating under the aegis of the Banque du Liban, this commission has essential powers that ensure the effectiveness of the law. She is entitled to receive notifications, to conduct investigations, to seek the help of similar organizations abroad, to freeze bank accounts
.- Law No. 55 of 27/10/2016 on the exchange of information for tax purposes;
- Law No. 83 of 10/10/2018 on the protection of whistleblowers;
- Law No. 175 of 8/5/2020 on the fight against corruption in the public sector and establishment of the National Anti-Corruption Authority. This law established the National Anti-Corruption Authority, which has the power to investigate corruption crimes, either on its own initiative or on the basis of notifications received
.- Law No. 189 of 16/10/2020 concerning the declaration of assets and financial interests, and the suppression of illicit enrichment;
- Law No. 200 of 29/12/2020 concerning the suspension of banking secrecy for one year to allow forensic audit;
- Law No. 214 of 8/4/2021 on the recovery of funds derived from corruption; and
- Law No. 306 of 28/10/2022 on the amendment of certain provisions of the Bank Secrecy Act, Article 150 of the Currency and Credit Code, Article 150 of the Currency and Credit Code, Article 23 of the Tax Procedures Act, Article 23 of the Tax Procedures Act and Article 103 of the Income Tax Act.
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