Reportedly,
the following countries are in the process of revising, or just recently
revised, their central bank laws.
Poland--Parliament
has amended the Act on the National Bank of Poland “to ensure all the duties of
the governor can be undertaken by the first deputy if necessary.” (Bloomberg,
May 21)
Serbia—Parliament
Speaker Slavica Djukic Dejanovic has announced extraordinary sessions in June
and July, in order to discuss the amendments to the Law on the National Bank of
Serbia and the election of a new NBS Governor. (Radio Srbija, May 29)
United
Arab Emirates—The UAE Ministerial Council for Services has passed legislation
amending Federal Law No. 10 of 1980 Concerning The Central Bank, The Monetary
System And Organization of Banking. (Emirates News Agency, May 30)
Venezuela—A revised/new Law of the Central Bank of Venezuela has been published in the Official Gazette allowing the central bank to establish a “Strategic Financial and Exchange System in order to oversee the flow of monetary and financial information to guarantee the proper functioning of the system.” (Bloomberg, May 10)
