4 Hrs
Source:
الكتائب اللبنانية
Aoun's move delays bank law progress
President Joseph Aoun's challenge to Article 3 of the bank restructuring law sends the legislation back to constitutional review and legislative amendment, re-igniting the debate over the law's compliance with the constitution and the importance of safeguarding the independence and powers of Banque du Liban. This legal challenge represents a significant step that could lead to its invalidation or modification of its provisions, while emphasizing the need to assess how well the recent amendments align with constitutional laws and the role of the central bank in the financial reform process and the banking sector.
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