While naturally there are incremental increases to any reputable Lebanese financial service business, 2014 did not see any developments out of the ordinary. The lack of real activity on the capital market front in Lebanon remains a barrier for the financial service industry to properly flourish, though the efforts of the Capital Markets Authority since 2011 to establish better regulatory oversight over markets in Lebanon brings a small degree of hope, despite the infamous slow pace of developments of the country. A wish list for 2015 would definitely include flourishing capital markets at the very top. In our report, Chadia El Meouchi and Carine Farran from Badri and Salim el Meouchi Law Firm explain the steps a company would have to take if it were to undertake an initial public offering (IPO) — a rare instance in Lebanon, but certainly something that the Lebanese financial professional crowd hopes to see
