Briefing Book of the Economy, Finance, Trade and Budget Committee on the Bill on Banks and Other Financial Institutions
Summary: The briefing book prepared for the Chamber of Deputies' Economy, Finance, Trade and Budget Committee on the bill on banks and other financial institutions, which became the 2012 law the corpus holds. It gathers what the deputies had in front of them: the state of banking law, the points of the bill under discussion, comparisons, and the questions put to the central bank. The Haitian Parliament's preparatory work is seldom published, and this shows how a financial law was examined.
Key Findings
- The bill was framed as a response to the inadequacy of the 14 November 1980 banking decree after major economic and financial changes.
- The briefing identifies exchange-rate liberalization, dollarization, money transfers, information technology and international financial integration as pressures for legal modernization.
- The project sought to strengthen banking supervision by assigning control responsibility to the Banque de la République d'Haïti.
- The document highlights policy questions on capital requirements, mortgage-lending limits, shareholder disclosure, interest-rate spreads and prudential ratios.
- It compares proposed rules with provisions from existing banking and housing-bank legislation.
- The briefing preserves committee questions and proposed responses, making it evidence of legislative scrutiny rather than only final law text.
Full Description
The briefing book prepared for the Chamber of Deputies' Economy, Finance, Trade and Budget Committee on the bill on banks and other financial institutions, which became the 2012 law the corpus holds. It gathers what the deputies had in front of them: the state of banking law, the points of the bill under discussion, comparisons, and the questions put to the central bank. The Haitian Parliament's preparatory work is seldom published, and this shows how a financial law was examined.
How to cite
Chamber of Deputies of Haiti, 2012, Briefing Book of the Economy, Finance, Trade and Budget Committee on the Bill on Banks and Other Financial Institutions, https://web.archive.org/web/2016/http://www.parlementhaitien.ht/