Banking resolution: Who will take charge after the ruling?

Will a new vote be enough to unblock banking reform? By annulling Article 3 of the law of Sept. 10, 2026 amending the law on banking resolution, the Constitutional Council has left open the possibility of resuming the parliamentary process. Its ruling penalizes a procedural irregularity in the vote without settling the substantive dispute.Two options are now taking shape: a new draft law put forward by the government or a bill introduced by MPs. A third would be to wait, allowing upcoming talks with the International Monetary Fund (IMF) to clarify the conditions for a way out.Meetings organized by Banque du Liban (Central Bank, BDL) are scheduled to take place in Paris next week and could involve the Finance Ministry and IMF experts, in addition to the Association of Banks in Lebanon (ABL). These will precede a visit to Beirut by an IMF...