Mobile version
Projects
Services
Government Bodies

Belarus' central bank authorized to regulate national rating agencies

President 08.02.2019 | 09:17
An archive photo
An archive photo

MINSK, 8 February (BelTA) – The National Bank of the Republic of Belarus has been authorized to regulate the activities of national rating agencies by Decree No.42 signed by Belarus President Alexander Lukashenko on 7 February, BelTA learned from the press service of the Belarusian leader.

The decree introduces amendments to the Charter of the National Bank. “The National Bank shall regulate national rating agencies. This is a new domain of the domestic financial market; there are no organizations like this in Belarus yet. Therefore, it is necessary to lay the adequate legislative groundwork, as national rating agencies are part and parcel of the financial market infrastructure,” the press service informed.

Apart from that, the wording of the Charter of the National Bank will be brought into line with the existing legislation to avoid duplication with the Banking Code.

Print version
More about President
Latest news
All news
Weather
Minsk
Baranovichi
Bobruisk
Borisov
Brest
Warsaw
Vilnius
Vitebsk
Gomel
Grodno
Zhlobin
Kiev
Lida
Minsk
Mogilev
Mozyr
Moscow
Orsha
Polotsk
Riga
Saint Petersburg
Soligorsk
Day +12..+14°C Mainly clear
Night +7..+9°C Sun and clouds