Government to table the Omnibus Banking Law consistent with Fund Staff advice to facilitate effective supervision of the financial sector.
At R3, a revised or modified text of the previous structural benchmark from "Enact Omnibus Banking Law.." to "Government to table the Omnibus Banking Law..". At R4, Tabled in March (2014) with subsequent ongoing fine-tuning. Currently referred to as the Banking Services Bill. At R5, met. The law was tabled in March 2014 with subsequent fine-tuning in collaboration with Fund staff prior to its adoption in June.