Lebanon central bank governor says ‘working hard’ to prevent grey-listing

Lebanon’s acting central bank governor has said that his institution was still striving to prevent being placed on a “grey list” of countries under special scrutiny by a financial crime watchdog.

Being added to the Financial Action Task Force’s grey list would be another major blow to a country in financial tailspin since 2019, with depositors still locked out of most of their pre-crisis savings and many foreign corresponding banks shunning Lebanon’s financial system.

Reuters...