Financial Crime and Cash Economy is co-organized by Holy Spirit University of Kaslik and Rethinking Lebanon in collaboration with the Lebanese Army. This conference will convene experts to address the rise in financial crimes resulting from Lebanon's shift to a cash economy. Key focus areas are identifying new illicit cash flow trends, evaluating policies to boost cash transparency, improving cross-sector information sharing, and building awareness. It is to be noted that as per the World Bank the severe economic and financial crisis Lebanon is enduring is likely to rank in the top 3, most severe crises episodes globally since the mid-nineteenth century.
Experts will also examine solutions to reduce overreliance on cash, including restoring trust in banks, expanding digital payments, implementing focused cash regulations, and incentivizing formal financial services. The goal is to advance a coordinated response that combats financial crimes while considering economic and inclusion impacts as Lebanon transitions away from a cash-based system.
The conference will be held at Jean Paul II amphitheater, USEK campus - Jounieh, on March 26, 2024 from 9:30 AM until 2:30 PM. The maximum capacity of the amphitheater is 1350 attendees in person. However, you can tune in to our live stream on zoom or dive into our immersive metaverse experience, the conference will be also covered by various media outlets and channels.