Submit to Parliament amendments to National Bank of Tajikistan and Commercial Banking Laws to (i) appoint the NBT chairperson and his/her deputies for fixed terms that do not coincide with the electoral cycle, and outline the reasons for their dismissal explicitly in the law; (ii) require official identification and disclosure of beneficial owners of companies registered with the Agency for Securities in the ministry of finance and other authorized entities, including financial institutions; (iii) clarify the provisions covering conflicts of interest for the National Bank of Tajikistan management and staff, and require them to disclose their personal holdings
Rationale: enhance central bank governance.