Monetary Board definition

Monetary Board means the Monetary Board of the Central Bank of Sri Lanka established under the Monetary Law Act (Chapter 422);

Monetary Board means the Monetary Board established under the Monetary Law Act;

Monetary Board means the Monetary Board of the Central Bank;

Examples of Monetary Board in a sentence

• It is a semi-autonomous body and, following the amendments to the MLA in December 2002, is governed by a five-member Monetary Board, comprising the Governor of the CBSL as Chairman, the Secretary to the MOF and three members appointed by the President of Sri Lanka, on the recommendation of the Minister of Finance, with the concurrence of the Constitutional Council.

• It is tasked to deliberate, discuss, and make recommendations on monetary policy to the Monetary Board.

• Without the need for prior approval of the Monetary Board, concurrent directorship and officership between a bank and one (1) or more of its subsidiary bank/s, QB/s and NBFI/s, other than investment house/s, shall be allowed.

• Ambassador Cuisia has over 10 years of experience in public service, having served Filipinos as the Governor of the Central Bank of the Philippines and Chairman of its Monetary Board as well as President and CEO of the Philippine Social Security System in the 1980s and 1990s.

• Such Performance Guarantee shall be in the form of a Bank Guarantee or a Bank Draft in favor of Monetary Board of the Central Bank of Sri Lanka obtained from a licensed commercial bank operating in Sri Lanka.

More Definitions of Monetary Board

Monetary Board means the Borrower’s agency responsible for the monetary, exchange and credit policies of the country and the oversight of the liquidity and soundness of the banking system as set forth in Article 133 of the Constitution and operating pursuant to the provisions of Legislative Decree No. 16-2002 (Ley Orgánica del Banco de Guatemala) effective on June 1, 2002.

Monetary Board means the Monetary Board of the Central Bank of Sri Lanka;

Monetary Board means the Monetary Board of the Bangko Sentral ng Pilipinas.

Monetary Board means the policy making body of BSP as defined in Article II of Republic Act No. 7653 otherwise known as the New Central Bank Act;

Monetary Board means the Monetary Board established under the Monetary Law Act; “prescribed” means prescribed by regulation; and

Monetary Board means the Monetary Board of CBSL established under the Monetary Law Act. “Monetary Law Act” means the Monetary Law Act No. 58 of 1949 as amended from time to time.

Monetary Board means the Cook Islands Monetary Board established under the Cook Islands Monetary Board Act 1981;