Rebuilding trust in Lebanon's financial sector - beyond compliance and towards sustainable reform

The recent grey-listing of Lebanon by the Financial Action Task Force (FATF) is not just a technical setback, writes Mohammad Ibrahim Fheili; it is a damning indictment of the decades-long failures, corruption, and irresponsibility that have plagued the nation's financial and political systems.

Mohammad Ibrahim Fheili is Executive in Residence at Suliman S. Olayan School of Business (OSB) of the American University of Beirut (AUB), Risk Strategist, Political and Monetary Economist. He can be contacted at mifheili@gmail.com

The recent grey-listing of Lebanon by the Financial Action Task Force (FATF) is not just a technical setback, writes Mohammad Ibrahim Fheili; it is a damning indictment of the decades-long failures, corruption, and irresponsibility that have plagued the nation's financial and political systems.