Submit to Parliament amendments to the Banking Law to reintroduce the missing provisions regarding: (i) governance and oversight, including the NBKR’s Board composition; (ii) judicial review and no suspension of the NBKR’s decisions; (iii) powers of the NBKR in the resolution process and liquidation process; and (iv) lending to non-supervised institutions.
Introduced at R3. Given that the measure is unconstitutional due to the unconstitutionality of a provision requiring judicial review and nonsuspension of the NBKR’s decisions, this end-July 2017 structural benchmark is not being assessed for program purposes.