Congressional approval of amendments to the Monetary and Financial Law (MFL), consistent with the elements outlined in paragraph 17 of the April 2006 LOI and the Central Bank Recapitalization Law.
At P1R8, waiver granted.  The amendments were submitted to congress in late 2007, but congress has not had time yet to discuss them, and opposition from the banking industry is strong.  The authorities intend to make every effort to have the amendments passed as soon as possible, but it is not likely to happen before mid-January 2008.