Abou Jaoude & Associates Law Firm is a prominent full-service firm in Lebanon, and leverages its ‘knowledge of local law and regulations as well as international practice’ to advise European and U.S-based lenders on all Lebanese banking and capital markets matters. Souraya Machnouk has ‘in-depth knowledge in the field of regulation and compliance’, and assisted Credit Suisse Lebanon with its de-registration and liquidation pursuant to its decision to exit the Lebanese market. Managing partner Carlos Abou Jaoude is a highly regarded practitioner.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The team is very knowledgeable in local laws and regulations as well as international best practice. They have very good connections in Lebanon and abroad and have a very good relationship with regulators.'
- 'Souraya has in-depth knowledge in the field of regulation and compliance (especially in cross-border banking), and convinces with her independent and authentic manner. She is very friendly and competent. The cooperation is very good and efficient, the output meets all expectations.'
- 'They have diverse strengths, and they value qualities such as their deep industry expertise, commitment to client satisfaction, and innovative approaches.'
Key clients
- Credit Suisse (UBS Group)
- Central Bank of Lebanon
- Ernst & Young
- New York Life Insurance
- NCR Corporation
- KPMG
- Citigroup
- American Express (Amex)
- First Abu Dhabi Bank
- Commercial International Bank
- National Bank of Kuwait
Work highlights
- Advised American Express (Amex) on the regulatory framework governing the issuance of international currency cards (ICC) on an offshore basis to consumers located in Lebanon by a UK payment institution licensed by the UK Financial Conduct Authority.
- Assisted KPMG, acting for Swiss banks, on the Private Banking Manual and the Products Offering Manual concerning the cross-border offer of financial products and services into Lebanon under the Lebanese Capital Markets Authority's regulations.
- Advised the Commercial International Bank on the complex security structure of a multi-million cross-border facility provided to the Consolidated Contractors Group.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Carlos Abou Jaoude, Souraya Machnouk