The Order In Which The Direct Administration Or Child Of The Person Under A Public Regulatory Proposals With The European Central Bank

Original Language Title: Kārtība, kādā tiešās pārvaldes iestādes vai atvasinātās publiskās personas saskaņo normatīvo aktu projektus ar Eiropas Centrālo banku

Read the untranslated law here: https://www.vestnesis.lv/ta/id/107092

Cabinet of Ministers Regulations No. 288 in Riga in 2005 (April 26. No. 23) order in which direct regulatory authority or person under the child public regulatory proposals with the European Central bank Issued under Cabinet installations of article 14 of the law in the first part of paragraph 3 of rule 1 shall determine the order in which direct regulatory authority or shoot public person compare harmonize laws, acts of the European Central bank. These arrangements shall include the exchange of information between administrations, secondary public persons and the Ministry of finance, as well as between the Finance Ministry and the central bank on or before the current legislative projects. 2. the European Central bank to give its opinion in accordance with the procedure laid down in these provisions sends a legislative proposal concerning the following questions: 2.1. monetary policy instruments;
2.2. means of payment;
2.3. money matters;
2.4. The Bank of Latvia;
2.5. monetary, financial, banking, payment systems and balance of payments statistics collection bilan ces, collation and dissemination;
2.6. payment and settlement systems;
2.7. legal framework relating to financial institutions, in so far as it significantly affects financial institutions and market stability. 3. the European Central bank opinion need not be sent to the legislative proposal, which regulates some of the provisions referred to in paragraph 2, but that takes the European Union directive. 4. If the rules referred to in paragraph 3 of the draft legislation concerns the operation of the Eurosystem, it can be sent to the European Central bank to give its opinion. 5. Direct the regulatory authorities and the derived public persons are responsible for the legislative competence of the project and submission of the information related to the Finance Ministry. The Ministry of finance drafts the laws and related information sent to the European Central bank. 6. The Ministry of Finance carries out monitoring to ensure the Pro Ject the laws and the related provision of information in accordance with these rules. 7. Direct Administration or derived public person in the Ministry of finance submitted the following documents: covering letter which 7.1 contains the following information: 7.1.1. period (not less than one month), during which direct regulatory authority or the derived public persona wants to receive the opinion of the European Central bank;
7.1.2. a legislative proposal review stage;
7.1.3. the officers name, telephone and fax numbers, electronic mail address;
7.2. the legislative proposal and annotation or explanatory memorandum, Latvian language and, if so, in English;
7.3. the related provisions, if they need a legislative proposal for evaluation. 8. Providing information on this provision during the period referred to in point 7.1.1, be taken into account in the legislative proposal and complexity. 9. The Cabinet of Ministers of the present legislative proposal of direct regulatory authority submitted to the Ministry of finance in the wording, as it prepared for away in the Cabinet after coordination with the concerned ministries and other bodies or by supporting the Secretary or by the meeting of the Cabinet Committee meeting, in accordance with the Cabinet's policy roll. 10. Direct Administration or derived public persona repeatedly submitted to the Finance Ministry in a legislative proposal in accordance with these rules, determine if the direct administration or a derived public person in the draft legislative amendments that significantly change the rules of the regulation complies with the provisions referred to in paragraph 2. 11. The provisions referred to in paragraph 7 of document direct administration or derived public person shall submit to the Ministry of finance in writing, addressing to the claims of the President of the European Central bank, and electronically (e-mail address: jd.ecb@fm.gov.lv). 12. Documents which direct regulatory authority or the derived public persona presented by the Ministry of finance in accordance with these provisions, the Ministry of Finance shall send the European Central bank during the week following the receipt of the information. 13. Direct administrative authority postponed the adoption of a legislative proposal or in the Cabinet of three Minis to be a legislative proposal submitted to the Cabinet in two months, the Ministry of finance to the legislative proposal in line with the European Central bank. 14. the legislative proposal towards a period of suspension of the count from the day when the President of the European Central bank has received direct authorities prepared a legislative proposal. Of the date on which the President of the European Central bank has received direct authorities prepared a legislative proposal, the Ministry of Finance shall notify the direct administrative authority within three working days after the receipt of the information. 15. in the opinion of the European Central bank for direct administration or child of the person the public submit a legislative proposal forwarded by the Ministry of Finance's direct authority or person in the public derived within a week of receiving it. 16. If the European Central bank opinion on the legislative proposal presented for an opinion for the period, the Ministry of finance will send it direct to a regulatory authority or a derived public person who developed the legislative proposal and other interested institutions. 17. If a significant and unpredictable circumstances a legislative project to be taken urgently, the direct administration or derived public persona may ask the European Central bank to give its opinion, short term (before this rule 7.1.1. the time limits referred to in paragraph 1 below), stating the reasons for the urgency. The Finance Ministry's direct administration or child publis dope parties submitted a legislative proposal and the related information to the European Central bank within three working days of their receipt. 18. This provision of paragraph 17, in the case referred to in the Ministry of Finance provides direct assistance to the authority or to the public, the derivative to find out as quickly as possible, the European Central bank's views on the urgent legislative proposal. Opinion of the European Central bank shall forward to the Ministry of Finance's direct authority or person in the public derived within three working days of receiving it. 19. Direct Administration or derived public persona later in the legislative process of the preparation of the project takes account of the European Central bank provided substantive objections and comments. 20. If the Cabinet of Ministers to be a legislative proposal in accordance with the opinion of the European Central bank is amended, direct regulatory authority it shall be submitted to the Cabinet for further consideration by the Committee at the hearing. 21. If the opinion of the European Central bank provide suggestions not taken into account in the legislative proposal accompanying annotation or explanatory memorandum indicating the reasons therefor. Prime Minister a. Halloween Finance Minister o. Spurdziņš