VOL. XXXVI
NO. 35
31-MAY-1993
LEGAL BRIEF
New Libyan Law Provides Framework For Change In Banking Brief System
Libya's new Banking, Finance and Credit Law, promulgated in March this year,makes important changes to the conduct of banking in the country. The new lawsupersedes regulations that were previously contained in the Banking Control Lawand in the Currency Regulation Law. Among its most significant points are:
- The establishment of a board of directors to manage the Central Bank ofLibya....
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