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00:00I want you to walk me through that banking secrecy legislation,
00:03because you're saying it's retroactive as much as 10 years.
00:07This should catch in the net those who made out like bandits in Lebanon.
00:12Look, everybody who's been doing the right things have no problem.
00:16But if somebody is doing wrong things, he probably will have to pay for it,
00:25because what is actually, all this relates to people's money, people's money, deposits, you see.
00:36So people want to know what happened, and the process is going to happen.
00:40Now, who is going to do it, you see?
00:42We are actually, by making these laws, we are providing the tools for the central bank
00:49and for the bank control commission to start doing its work properly.
00:54They haven't been able to do it before, because there were vague sentences
01:00in the last alterations of the bank secrecy law in 2022.
01:06It wasn't very clear what they could do.
01:08Now, it's very clear that they have full access to all accounts
01:14with names and amounts and everything.