Lebanon's parliament has passed a new banking secrecy law that grants authorized entities access to financial records from the past decade. This legislative change, demanded by the International Monetary Fund (IMF), aims to address the country's ongoing economic crisis by enabling investigations into past financial misconduct. Finance Minister Yassine Jaber emphasized that the reforms will apply retroactively, holding previous offenders accountable, and highlighted the introduction of a new law to ensure an independent judiciary system. The amendments to banking secrecy rules are seen as a critical step toward financial sector reform and increasing transparency in Lebanon's political and economic landscape.