
Speaker Berri calls for joint committee session to discuss amendments to banking secrecy law
Parliament Speaker Nabih Berri called for a joint session of the parliamentary committees on Finance and Budget, Administration and Justice, and National Economy, Trade, Industry, and Planning.
The session is scheduled for 11:00 a.m. on Wednesday, April 16, 2025.
The committees will review a draft law submitted by Decree No. 103, dated April 2, 2025.
The proposed legislation aims to amend Article 7 of the 1956 Banking Secrecy Law and Article 150 of the Code of Money and Credit dated August 1, 1963, as modified by Law No. 306 issued on October 28, 2022.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


LBCI
4 hours ago
- LBCI
Lebanon faces political paralysis: Key appointments remain on hold
Report by Nada Andraos, English adaptation by Yasmine Jaroudi The term of Lebanon's four deputy governors at the Banque du Liban (BDL) officially ended on June 9, yet no successors have been appointed, nor have the current officials had their mandates renewed. While the publicly cited reason for the delay is the packed travel schedules of the President and the Prime Minister, the real cause lies in deep political divisions—primarily between the President and the Parliament Speaker and, to a lesser extent, between the President and the Prime Minister, along with other stakeholders involved in the appointments. This institutional deadlock is not limited to BDL. Similar paralysis has affected judicial and diplomatic appointments. Political infighting, conflicting conditions, and a quota-based power-sharing system have complicated even the distribution of ambassadorial posts to key global capitals. In the judiciary, tensions have escalated into a standoff between Justice Minister Adel Nassar and Speaker Nabih Berri over appointments in the financial judiciary sector. Lebanon is teetering on the brink of total paralysis. Every major decision appears suspended, dependent on unpredictable external developments, while political gridlock deepens with each passing day. Security concerns add to the instability, with mounting obstacles to implementing U.N. Security Council Resolution 1701, which calls for the withdrawal of Hezbollah's weapons north of the Litani River, as well as the disarmament of Palestinian groups. On the financial front, the international community is awaiting the adoption of a comprehensive package of reform laws and a credible plan to close the financial gap, prerequisites for finalizing an agreement with the International Monetary Fund (IMF). Ultimately, Lebanon remains mired in political obstruction. A profound trust crisis persists among the country's leaders as they await foreign initiatives that have yet to materialize. Meanwhile, the goal of rebuilding the state, reforming its institutions, and putting Lebanon on a path to recovery remains suspended in uncertainty, with no resolution in sight.


LBCI
6 hours ago
- LBCI
Parliament Speaker Berri says Lebanon is committed to UNIFIL's presence in the south — Annahar
Parliament Speaker Nabih Berri, in remarks to Annahar, stated that Lebanon and the people of the south want UNIFIL to remain in their towns, stressing the importance of preserving the longstanding relationship with the force since its deployment in 1978. He added that no Western or U.N. diplomat had informed him of any intention for the international force to withdraw from the south.


MTV Lebanon
6 hours ago
- MTV Lebanon
Raad meets French envoy: Discussions on Israeli violations, UNIFIL mandate, and reconstruction efforts
Head of the Loyalty to the Resistance bloc, MP Mohammad Raad, met with French presidential envoy to Lebanon Jean-Yves Le Drian, accompanied by French Ambassador Hervé Magro, at the bloc's headquarters in Haret Hreik. The meeting was also attended by Hezbollah's Head of Arab and International Relations, Ammar Al-Moussawi. According to a statement from Hezbollah's media office, the discussions focused on the political developments in Lebanon and ongoing Israeli violations, including breaches of the ceasefire agreement. Le Drian also outlined France's efforts to convene a conference aimed at reconstructing southern Lebanon and renewing the mandate of the UNIFIL peacekeeping mission. Raad reaffirmed Hezbollah's commitment to engaging in discussions on reform bills currently before Parliament and reiterated the party's support for the state's stance on extending UNIFIL's mandate.