Economy
Banking Reform and Reorganization Law
A Lebanese law aimed at restructuring the banking sector and addressing losses after the financial crisis; it is debated over central bank powers and deposit protection.
The Banking Reform and Reorganization Law is Lebanese legislation aimed at restructuring troubled banks, allocating losses, and protecting small deposits as part of a financial recovery plan. It was passed by parliament and became the focus of legal and constitutional debate, including appeals before the Constitutional Council. The IMF views it as a key reform step.
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