VOL. XLV

No 10

11-March-2002

SYRIA

SyrianParliament Ratifies Financial Reform Legislation

TheSyrian People痴 Council has approved legislation reforming the regulatoryframework for the financial sector and the Central Bank of Syria. The law was first voted on byparliament last December, but was delayed by problems over several technicalpoints and by the December cabinet reshuffle. The international bankingcommunity, and in particular Lebanese banks, have been waiting for Syria to finalizethe...