We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Reform of financial sector's regulations
Details
Submitted by[?]: National Malivian Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: August 4612
Description[?]:
| . |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 3
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: There is no policy on monopolies, they are unregulated.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only forbidden in specific sectors of the economy.
Article 4
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 01:13:25, August 01, 2019 CET | From | Democratic Alliance of Malivia | To | Debating the Reform of financial sector's regulations |
| Message | We the Malivian people are witnessing a change of attitude, if we do not stop the nationalization of industries and re-regulation Malivia will fall back to its unwanted socialist past. I strongly advise you to end any further pursuit of socialism and conservative bills |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no | Total Seats: 500 | ||
| abstain | Total Seats: 0 |
| Random fact: You can view who's online (i.e. been active the last 10 minutes) at the bottom of the menu (either at the top or the side). |
| Random quote: "Because democracy is not a spectator sport." - 2004 Democratic campaign slogan |