i-law

Money Laundering Bulletin

Banking in Lebanon – the ultimate balancing act

Lebanon’s hard-won, always precarious reputation as a comparatively clean banking location in the Levant was dealt a severe blow with the Lebanese Canadian Bank case in 2011 [1] but it has restored confidence overseas, notably in Washington, in time to confront the financial fallout of war in neighbouring Syria. Paul Cochrane reports from Beirut.

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