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Bill: Banking Bill 4716
Details
Submitted by[?]: Beluzia Renewal Party (BRP)
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: January 4717
Description[?]:
| This party believes in allowing citizens more freedom of choice than the current government's policies allow. In particular, the banking laws are, in our opinion, too highly restrictive and centralised. Both policy changes included in this Bill need to be voted on as one, for the objective is to open up the banking market while still maintaining a central bank. Importantly, this party believes that, although the government should retain ownership of the Central Bank, the running of it should be the responsibility of an independent body (acting as an agent for the government ) |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is underneath the direct oversight of the Ministry of Finance.
Current: The central bank is an entirely independent agency of the government.
Proposed: The central bank is an entirely independent agency of the government.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
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.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no | Total Seats: 500 | |
| abstain | Total Seats: 0 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "What we are doing to the forests of the world is but a mirror reflection of what we are doing to ourselves and to one another." - Gandhi |