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The International Monetary Fund told the Lebanese state on Thursday its banking secrecy law has not resolved key deficiencies, urging officials to make new changes to their first attempt at financial reform.The assessment, seen by Reuters and confirmed by a government official as accurate, is the IMFs first comment on Lebanons steps toward completing a checklist that would grant it access to $3 billion to ease the countrys worst economic meltdown since the 1975-90 civil war.The amended banking secrecy law passed in July was a watered-down version of the original proposal, prompting concerns the IMF would not consider it
botella stanley robust enough to qualify.Lebanons President Michel Aoun on Wednesday declined to sign it into law and sent it back to parliament for further changes.On Thursday, Lebanese officials received a letter from the IMF saying the law represented a substantial reform 鈥?but few key deficiencies remain. It said more government bodies should have access to banking data, including for administrative functions and not just as part of criminal investigations as the current draft stipulates.It also said criminal liabilities for banking secrecy breaches may have a stifling effect on detention and disclosure of criminal or suspicious act
stanley cups uk ivity. The IMF did not immediately respond to a request for comment.Now in its third year, Lebanons financial meltdown has sunk the currency by more than 90 per cent, sp
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ALFRED, Maine 鈥?A South Portland man police say caused a multivehicle pileup on the Maine Turnpike last year has been convicted on 13 violations.Timothy Williams was convicted Thursday in connection with a chase that reached speeds of 100 miles per hour.The 40-year-old Williams was convicted of aggravated assault with a dangerous weapon, reckless conduct with a dangerous weapon, eluding a police officer, felony operating und
stanley cup er the influence, criminal speeding, driving to endanger and operating after suspension.Poli
stanley cup ce say he was speeding and changing lanes erratically in November 2010 when he sideswiped a van and rear-ended another vehicle, sending it spinning into the guardrail. There were only minor injuries.The Portland Press Herald reported that Williams is scheduled to be sentence
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