logo
Berri calls for joint House committees session on April 16 to study banking secrecy draft law

Berri calls for joint House committees session on April 16 to study banking secrecy draft law

National News09-04-2025

NNA - House Speaker, Nabih Berri, on Wednesday has called for a joint session by the Finance and Budget, Administration and Justice, National Economy, Trade, Industry, and Planning parliamentary committees, at 11:00 a.m. on Wednesday, April 16, 2025, to study the draft law included in Decree No. 103 dated 4/2/2025, which aims to amend Article 7 of the 1956 Banking Secrecy Law and Article 150 of the Code of Money and Credit Law dated 8/1/1963, as modified by Law No. 306 dated 10/28/2022.
============ L.Y

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Parliament Speaker Berri condemns Israeli strike on Iran as violation of international law
Parliament Speaker Berri condemns Israeli strike on Iran as violation of international law

LBCI

time3 hours ago

  • LBCI

Parliament Speaker Berri condemns Israeli strike on Iran as violation of international law

Parliament Speaker Nabih Berri stated on Friday condemning the Israeli attack that targeted the Islamic Republic of Iran at dawn, calling it a 'blatant violation of international law, the sovereignty of independent states, and the stability of their regional surroundings.' Berri described the strike as 'an act condemned by all standards,' adding that Israel's continued wars in Gaza and Lebanon — and now against Iran — demonstrate beyond doubt that 'this entity, through its political, military, and security conduct, poses a cross-border threat to independent states and international peace and stability.' He expressed full solidarity with the Islamic Republic of Iran — its leadership, people, and revolution — and extended condolences to the families of those killed in the strike, wishing a swift recovery to the wounded. Berri also urged the international community to take a serious and clear stance 'before it is too late' to curb Israeli aggression, which, he said, not only targets human lives, children, and international law but also undermines every effort made to establish a just and comprehensive peace in the Middle East and the world.

Lebanon faces political paralysis: Key appointments remain on hold
Lebanon faces political paralysis: Key appointments remain on hold

LBCI

time2 days 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.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store