The Bank of Lebanon announced, in a statement, that “on April 29, 2026, the US Federal Court for the Judicial District of New Jersey issued a decision dismissing lawsuit No. 24-cv-05043, filed on April 16, 2024 by a number of American depositors of Lebanese origins against the Bank of Lebanon and others.” The aforementioned judicial proceedings began as a result of allegations made by the plaintiffs against the Bank of Lebanon, stating that it contributed to attracting their deposits in US dollars through misleading assurances about the safety and accessibility of funds. The Bank of Lebanon requested the dismissal of the entire lawsuit for lack of jurisdiction, confirming that it enjoys full sovereign immunity under the Foreign Sovereign Immunities Act (FSIA), in its capacity as the Central Bank of the Lebanese Republic, which exercises its supervisory powers within a purely sovereign framework and not as a commercial party involved in the market. After the trial proceedings before the US Federal Court in New Jersey, Judge Christine B. O'Hearn issued a decision in which she concluded to dismiss the lawsuit against the Bank of Lebanon in its entirety, thus establishing the principle that central banks operating within its sovereign framework enjoy protection from the jurisdiction of foreign courts, as it is considered a sovereign entity protected under the provisions of the Foreign Sovereign Immunities Act (FSIA), and therefore it is not subject to the jurisdiction of the American courts, and because it acted in its capacity as a sovereign central bank and regulator of the banking sector and did not carry out any commercial activity in accordance with what is required by the exceptions contained in the Foreign Sovereign Immunities Act. (FSIA). This decision comes as an extension of a series of established American judicial decisions in this way, all of which recognized the sovereign immunity of the Bank of Lebanon and rejected the allegations directed against it before the American courts, most notably the decision of the US Court of Appeals in New York issued on 7/28/2022 and the decision of the Federal Court of the State of New York issued on 9/29/2023, which explicitly affirmed that the Bank of Lebanon, as an agent of the Lebanese state, enjoys sovereign immunity, and that the commercial activity exception stipulated in the law The FSIA does not apply to him and does not waive this immunity.” The statement continued: “In light of these well-established judicial precedents, the Bank of Lebanon believes that the aforementioned judicial rulings represent a firm confirmation of the principle of sovereign immunity, and strengthen the legal protection guaranteed to central banks under international and American law. The Bank of Lebanon welcomed these decisions, “which support the fundamental principles of legal sovereignty, legislative stability, and judicial discipline,” reiterating its “firm commitment to performing its duties in accordance with its legal powers and in accordance with approved international standards.”