The General Assembly of the Financial Action Task Force meets three times a year, in February, June and October, while Lebanon's progress in implementing the action plan is subject to technical assessments preceding its meetings.
The main challenge facing Lebanon is not limited to passing laws and legislation, but lies in proving their effective implementation and achieving tangible results, especially at the judicial and supervisory levels.
Lebanon currently tends to remain on the grey list, ruling out that a move to the black list is an imminent danger, but warns in return of declining chances of a rapid exit from this list, due to the stagnation in implementing reforms and achieving the practical results required by the Financial Action Task Force.
The article addressed Lebanon's continued listing on the Financial Action Task Force's grey list and its impact on the banking sector and the economy, while presenting three scenar…
The end of the UN Interim Force in Lebanon (UNIFIL) mission and its withdrawal threaten hundreds of jobs linked to it in southern Lebanon, as about 400 local staff work for the mis…
A report monitors the decline in consumption in Lebanon under the burden of high prices and eroding purchasing power, with warnings of a recession that may approach 10 percent and …
A report documenting the deterioration of living conditions in Lebanon, with shopping activity declining in major Beirut stores, purchasing power eroding and prices of goods and se…