The Association of Banks in Lebanon announced Monday that the government’s draft law on financial regulation and deposit recovery was issued “without any serious study of the figures required for its implementation.”

“If it were serious, the draft law should have been preceded by determining the size of the deficit, how it will affect the Central Bank of Lebanon and the banks, an accurate assessment of non-performing assets, the amount of funds required to repay the various deposit categories, and verification of the availability of the necessary liquidity,” ABL added in a statement after a meeting.

The Israeli army is preparing for fighting on four fronts -- Iran, Yemen, Lebanon and Gaza, an Israeli media report said.

The report, published Monday in Maariv, claimed that Israeli Prime Minister Benjamin Netanyahu held Sunday a security meeting that discussed Lebanon and the army's defense and attack readiness on all fronts.

The day after elite U.S. forces captured Venezuelan leader Nicolas Maduro in Caracas, U.S. Secretary of State Marco Rubio announced that Hezbollah will no longer have alleged operations in the South American state.

Speaking to CBS television, Rubio said: "It's very simple, OK? In the 21st century, under the Trump administration, we are not going to have a country like Venezuela in our own hemisphere, in the sphere of control and the crossroads for Hezbollah, for Iran and for every other malign influence in the world. That's just not gonna exist."

Cabinet will meet on Thursday to discuss the army's progress in disarming Hezbollah south of the Litani River.

The ceasefire monitoring committee -- comprising Lebanon, Israel, the United States, France and U.N. peacekeepers -- is also set to meet this week.

Despite Israeli strikes on the south of the country, people in Lebanon were enjoying winter weather and snow over the weekend.

Lebanese and tourists took to the slopes to ski resorts northeast of Beirut, rode chairlifts and sleds over the snow-covered slopes in Faraya and Kfardebian, snowboarded and skied, while others along Beirut's coastline were swimming and enjoying the sun.

Israel's Foreign Minister Gideon Saar has acknowledged on X that the Lebanese government and army had made efforts to disarm Hezbollah but said "they are far from sufficient".

Saar met Sunday with U.N. Special Coordinator for Lebanon Jeanine Hennis-Plasschaert.

Hezbollah chief Sheikh Naim Qassem has said that his party wants Lebanon to be "sovereign, free, independent and capable."

A judicial investigation into a sophisticated impersonation plot has sent shockwaves through Lebanon’s political establishment this week, as authorities peel back the layers of the “Abou Omar” scandal -- a years-long fraud that allegedly manipulated high-level government appointments and parliamentary votes.

The scandal peaked following the arrest of Mustafa al-Hassian by Lebanese Army intelligence agents. Al-Hassian, a car mechanic from the Akkar region, was apprehended while attempting to enter Lebanon from Syria.

Prime Minister Nawaf Salam has stressed that Hezbollah’s weapons should be “under the command of all Lebanese and under the decision of the Lebanese government.”

Deputy Prime Minister Tarek Mitri on Friday described as “alarming” the reports about figures from Syria’s former regime using Lebanon as a launchpad for activities hostile to Syria’s new rulers.