Lebanon vows to take steps to fix finance sector deficiencies, avoid ‘grey listing’
Lebanon
- Date: 27-May-2023
- Source: Arab Weekly
- Sector:Financial Services
- Country:Lebanon
Lebanon vows to take steps to fix finance sector deficiencies, avoid ‘grey listing’
BEIRUT
Lebanon will work over the next year to address “deficiencies” in policing corruption identified by a financial crime watchdog, the country’s financial intelligence unit said on Friday.
The Special Investigation Commission said in a statement it “discussed and adopted” an evaluation report by the Middle East and North Africa Financial Action Task Force (MENAFATF) during the body’s plenary this week in Bahrain.