Compliance officers whose bank customers are engaged in international trade with Lebanon should read the white paper entitled Hezbollah's Martyrs Foundation; Purpose, Mode of Operation and Funding Methods. It details Hezbollah's social institutions and their funding, identifies the officers in positions of leadership, names the front and shell companies, organizational structure, physical locations, and its link to the sanctioned Iranian Martyrs Foundation. The document was issued by the Meir Amit Intelligence and Terrorism Center.
Banks in Lebanon that are known to accept and transfer funds for Hezbollah are named; most are defendants in the recent American suit brought by individuals injured or killed through Hezbollah actions, and their surviving family members. If your clients have any contact with Lebanese customers, the country's banking system, or are engaged in any type of trade, it is strongly suggested that you review the 18-page white paper, which may be found here.