2 Days
Source:
التيار الوطني الحر
FATF meeting raises Lebanon blacklist concerns
Reports indicate that an important meeting of the Financial Action Task Force (FATF) is being held to review Lebanon's classification after it was previously listed as a "gray zone" country in 2024, with the possibility of being added to the blacklist. Such a move could have negative repercussions on the Lebanese financial sector and economy, including the suspension of dealings with international correspondent banks and a halt to import and export activities. This comes amid increasing political and financial pressures on Lebanon, with sources linking the U.S. sanctions against Lebanese individuals to the escalation of measures against the country.
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