LEBANON (Enmaeya News) - October 11, 2025

Lebanon’s Constitutional Council has canceled several important parts of the new bank restructuring law after a challenge by lawmakers, according to L'Orient Today.

The decision, announced on October 3, 2025, puts some parts of the law on hold. One key change is bringing back the “suspensive effect,” meaning legal challenges will delay the law’s implementation until they are resolved.

This goes against recommendations from the International Monetary Fund (IMF), which wants quick reforms.

The Council also canceled rules that let the government take private property for economic reasons. This raises worries about protecting people’s belongings during the restructuring.

These decisions create uncertainty for depositors, who may face delays in getting their money back or compensation.

The IMF and Lebanese officials are expected to work together to fix the law and keep the reform plan moving.

The decision highlights the challenge of balancing urgent economic reforms with legal protections as Lebanon seeks to recover from its financial crisis.