Act
Act relating to Norges Bank and the Monetary System, etc. (Central Bank Act)
Issued by Norges Bank
Effective: 1 Jan 2020
Plain-English summary
Sets Norges Bank's aim of monetary stability and financial system stability (section 1-2), its sole right to issue banknotes and coins (section 3-4) and its role in the settlement system and payment system oversight (sections 1-3 and 3-3). Norges Bank's English page states it entered into force on 1 January 2020 and replaced the Act of 24 May 1985 No. 28.
Who it applies to
Banking · Payments & Fintech
Topics
Prudential & Capital Payments & Fintech / Digital Assets
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