Lebanese President Joseph Aoun confirmed on Sunday that his country is strictly implementing the approved measures to prevent money laundering, its illicit transfer, or its use for financing terrorism.
Aoun emphasized Lebanon's firm commitment to applying the international measures to combat money laundering, its illicit transfer, and its use for terrorism financing, stressing that financial crimes will be punished regardless of their type. He made these remarks during a meeting on Sunday evening at the Baabda Palace with a delegation from the U.S. Treasury Department, led by the Deputy Assistant to the President for Counterterrorism, Sebastian Gorka.
Aoun pointed out that this commitment is translated through a series of legislative and regulatory steps, including the Parliament's enactment of a law amending banking secrecy, the restructuring of the banking sector, and the circulars issued by Lebanon's central bank on this matter.
He also revealed that the government is working to finalize the "Financial Gap" bill, which is expected to help regulate the financial situation and enhance transparency.
On the security front, Aoun confirmed that the Lebanese Army and security agencies continue to pursue terrorist cells and refer those involved to the competent judiciary, which contributes to protecting internal stability across all regions of Lebanon.
