Parliament of Morocco - Law No. 76-03 - On the Status of Bank Al-Maghrib

The Parliament of Morocco's Law No. 76-03 repeals Law No. 1-59-233 Creating Bank Al-Maghrib, and aims to strengthen the autonomy of the Bank in the conduct of monetary policy, as well as the protection of customers of credit institutions, and provides a legal basis for the central bank's mission of monitoring and securing the systems and means of payment. The law is divided into several chapters, and covers the following topics:

1. Creation, Capital and Legal Status
2. Mission
3. Bank Operations
4. Administration and Management
5. Control of the Bank
6. Accounting Provisions and Management Report
7. Annual Report and Communications
8. Tax Exemptions

Document Details

Title (Non-English): 
Parlement de Moroc - Loi No. 76-03 Portant Statut de Bank Al-Maghrib
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Date of Document: 
Monday, February 20, 2006
Document Authors: 
Parliament of Morocco

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