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FINANCIAL TRANSPARENCY

FATF 'grey list': No direct threat to the Lebanese banking sector, says ABL

Secretary-General of the Association of Banks (ABL) in Lebanon, Fadi Khalaf, is optimistic, yet acknowledges the possibility of potential long-term indirect effects.

FATF 'grey list': No direct threat to the Lebanese banking sector, says ABL

The headquarters of the Association of Banks in Lebanon. (Credit: NNA archive photo)

In his introduction to the latest ABL monthly bulletin, Secretary-General Fadi Khalaf, reviewed Lebanon's inclusion in the Financial Action Task Force's (FATF) "grey list," on Oct. 25. Nonetheless, he downplayed its direct impact on the Lebanese...
In his introduction to the latest ABL monthly bulletin, Secretary-General Fadi Khalaf, reviewed Lebanon's inclusion in the Financial Action Task Force's (FATF) "grey list," on Oct. 25. Nonetheless, he downplayed its direct impact on the Lebanese...