The national Bank of Belarus have the right to regulate the activities of national rating agencies
Belarus

The national Bank of Belarus have the right to regulate the activities of national rating agencies

Нацбанк Беларуси наделен правом регулирования деятельности национальных рейтинговых агентств

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February 8, Minsk /Correspondent. . > > > The national Bank shall be empowered to regulate the activities of the national rating agencies. It is stipulated by decree No. 42 of the President of Belarus Alexander Lukashenko signed on 7 February, BelTA learnt from the press service of the Belarusian leader.

The adopted document is adjusted Statute of the national Bank. "The national Bank shall be empowered to regulate the activities of the national rating agencies. This is a new direction for the domestic financial market in Belarus at present there are no such organizations. So we are talking about creating a legislative framework in this respect, since national rating agencies are an integral part of financial market infrastructure", - said the press service.

In addition, the text of the Charter of the National Bank is in compliance with applicable laws, eliminating duplication of regulations with the Banking code.

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