The Central Bank of Libya said Governor Naji Mohamed Issa and a technical and banking delegation, meeting with K2 Integrity on the sidelines of the International Monetary Fund and World Bank Annual Meetings in Washington, discussed recently introduced strict measures to comprehensively review all applications for documentary credit coverage, strengthen banking supervision and reinforce compliance functions in commercial banks to support adherence to international standards.
Central Bank of Libya2026-04-14
Central Bank of Libya outlines stricter documentary credit and compliance controls in meeting with K2 Integrity
In a meeting with K2 Integrity at the International Monetary Fund and World Bank Annual Meetings, the Central Bank of Libya highlighted recently introduced strict controls to review documentary credit applications, strengthen supervision and reinforce commercial bank compliance functions.