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Lebanon adopts law to lift banking secrecy for officials

Christian Fernsby ▼ | May 29, 2020
Lebanon's parliament on Thursday adopted a law to lift banking secrecy for public officials including over corruption or funding terrorism, a lawmaker said, after months of protests in the country.
Lebanon bank
Law   Lebanon bank
But the final text did not allow judges to independently order a disclosure, in a last-minute change that an activist criticised as making the law ineffective.

Topics: Lebanon

The law concerns "everyone who deals with public affairs, elected or nominated, lawmaker, mayor, judge, officer or adviser", parliament budget committee chairman Ibrahim Kanaan said.


 

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