Banco Central de Timor-Leste BCTL
Source pages
Who they are
The central bank of Timor-Leste, a public legal entity with administrative and financial autonomy and its own capital. Its Organic Law replaced the Banking and Payments Authority.
What they do
Pursues domestic price stability as its primary objective and, under the Organic Law, is exclusively responsible for regulating, licensing and supervising payment systems and financial institutions, including administrative sanctions (Arts. 29 and 31). Its site lists currency, banking supervision, the payment system, statistics, the Petroleum Fund and financial education among its tasks.
Key laws & regulations issued
- Direction Instrução do BCTL n.º 05/2017 – Relativa à Identificação dos Clientes, à Conservação de Documentos e à Comunicação de Operações (BCTL Instruction No. 05/2017 – Customer Identification, Record Retention and Transaction Reporting) 2017
- Act Lei n.º 5/2011, de 15 de Junho – Lei Orgânica do Banco Central de Timor-Leste (Law No. 5/2011 – Organic Law of the Central Bank of Timor-Leste) 2011
Latest news
No news tagged to this regulator yet.
Related regulators
Others in Timor-Leste supervising overlapping sectors.