2024-06-30 08:43:44
The Governor of the Central Financial institution of Libya, Al-Siddiq Al-Kabir, his deputy, Marai Muftah Raheel, and their accompanying delegation, held a gathering on the headquarters of the Financial institution for Worldwide Settlements in Basel, Switzerland, with the manager director of the financial institution, Augustin Carsten, and the administrators of the financial institution’s related departments.
The official Fb web page of the Central Financial institution reported that in the course of the assembly, approval of the file for the Central Financial institution of Libya to affix the Financial institution for Worldwide Settlements was mentioned.
The assembly additionally mentioned the procedures for unifying the Central Financial institution of Libya and its efforts to adjust to anti-money laundering and counter-terrorism financing procedures, in addition to areas of cooperation and growth of the connection between the 2 events.
On the finish of the assembly, the Government Director of the Financial institution expressed his happiness and welcome of the developments and efforts made by the Central Financial institution of Libya in sustaining the monetary sustainability of the Libyan state and the constructive steps taken to unify the Central Financial institution and preserve the steadiness of the monetary and banking sector.
In appreciation of this, Carsten introduced the approval of the Central Financial institution of Libya to affix the financial institution, and thus the Central Financial institution of Libya has the proper to profit from the companies and technical assist that the financial institution gives to central banks.
The financial institution’s govt director concluded his speech by expressing his gratitude for the governor and his accompanying delegation accepting the invitation and attending the financial institution’s annual conferences, that are being held in the course of the interval from June 28-30 in Basel, Switzerland.
Earlier, Al Kabir and his deputy held a gathering with plenty of BIS departments on the financial institution’s headquarters in Basel, Switzerland.
The assembly addressed the unification of the Central Financial institution of Libya, the event of banking companies, asset and reserve administration, the event of funding instruments and areas, the position of the Central Financial institution of Libya in sustaining the monetary sustainability of the Libyan state, the efforts of the Banking and Financial Supervision Division in complying with the worldwide requirements issued by the Basel Committee on Banking Supervision, and the imaginative and prescient of the Central Financial institution of Libya to develop a technique for monetary inclusion and monetary expertise.
It’s noteworthy that the Financial institution for Worldwide Settlements is taken into account the financial institution of central banks and was established in 1930. Greater than 67 international locations presently contribute to it.
Final replace: June 28, 2024 – 19:36
Recommend a correction
2024-06-30 08:43:44