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LY · LBY · Middle East & Africa

4 regulators · 3 laws & regulations · 5 obligations

Central Bank of Libya (مصرف ليبيا المركزي) CBL

Official site
https://cbl.gov.ly/

Who they are

Libya's central bank, which describes itself as an independent financial institution wholly owned by the Libyan state. Its founding law is not named on its homepage.

What they do

Supervises banks under Law No. 1 of 2005 on Banks (as amended by Law No. 46 of 2012), using off-site monitoring and on-site inspections with CAMELS ratings. It also publishes circulars, runs the payments and settlement systems and licenses electronic-payment companies.

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Related regulators

Others in Libya supervising overlapping sectors.