Back to Barbados

Barbados

BB · BRB · Americas

4 regulators · 14 laws & regulations · 6 obligations · 3 enforcement actions · 1 upcoming deadline

Act 2020

Central Bank of Barbados Act, 2020-30

Issued by Central Bank of Barbados

Effective: 14 Dec 2020

Plain-English summary

Revises and replaces the Central Bank of Barbados Act, Cap. 323C (s. 79) to strengthen the Bank's governance, independence and accountability. The Bank continues in existence (s. 3); its primary objective is to maintain the value of the currency and its secondary objective is to promote financial stability (s. 6). Assented to on 11 December 2020.

Who it applies to

Banking

Topics

Prudential & Capital Corporate Governance

Official source

Latest news