the General Secretariat of the Central Council of the Banque du Liban issued the following statement:

“On 3/3/2021, the Central Council of the Banque du Liban met under the chairmanship of the Governor and in the presence of all the members with the Chairman and members of the Banking Supervision Committee, and it was agreed to lay down a road map with deadlines for implementation through which the Banque du Liban would resort to taking appropriate measures related to the implementation of the provisions of Circular No. 154. According to reports prepared by the Banking Control.

In addition, the Central Council will convene periodically to follow up the issue and address the situation of each bank separately, in coordination with each of

Financial Market Authority.

The Special Investigation Commission.-

The Supreme Banking Authority

NNA