Bank of Guyana Act

E1003645

central bank act legislation

The Bank of Guyana Act is the primary legislative framework that establishes the mandate, powers, and regulatory responsibilities of Guyana’s central bank.

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All labels observed (1)

Label	Occurrences
Bank of Guyana Act canonical	1

Statements (47)

Predicate	Object
instanceOf	central bank act ⓘ legislation ⓘ
appliesTo	Bank of Guyana NERFINISHED ⓘ licensed financial institutions in Guyana ⓘ
containsProvisionsOn	appointment and duties of the Board of Directors of the Bank of Guyana ⓘ appointment and duties of the Governor of the Bank of Guyana ⓘ auditing and reporting requirements of the Bank of Guyana ⓘ capital and reserves of the Bank of Guyana ⓘ governance structure of the Bank of Guyana ⓘ penalties for violations of the Act ⓘ secrecy and confidentiality obligations of Bank of Guyana officials ⓘ
country	Guyana NERFINISHED ⓘ
definesMandate	maintain price stability in Guyana ⓘ promote a sound and efficient financial system in Guyana ⓘ promote financial stability in Guyana ⓘ support the economic policy of the Government of Guyana ⓘ
definesRoleOf	Bank of Guyana as central bank of Guyana ⓘ
enactedBy	Parliament of Guyana NERFINISHED ⓘ
establishes	Bank of Guyana NERFINISHED ⓘ
grantsPowerTo	Bank of Guyana to act as banker and fiscal agent to the Government of Guyana ⓘ Bank of Guyana to act as lender of last resort to the banking system ⓘ Bank of Guyana to formulate and implement monetary policy ⓘ Bank of Guyana to issue legal tender currency ⓘ Bank of Guyana to manage Guyana’s international reserves ⓘ Bank of Guyana to regulate and supervise banks and other licensed financial institutions ⓘ Bank of Guyana to regulate the issue and redemption of notes and coins ⓘ
jurisdiction	Co‑operative Republic of Guyana NERFINISHED ⓘ
language	English ⓘ
legalStatus	primary legislative framework for the Bank of Guyana ⓘ
objective	to ensure orderly development of the financial system in Guyana ⓘ to provide a legal basis for effective central banking in Guyana ⓘ to safeguard the value of the Guyana dollar ⓘ
purpose	to establish the mandate, powers, and regulatory responsibilities of the Bank of Guyana ⓘ
regulates	operations of the Bank of Guyana ⓘ relationship between Bank of Guyana and licensed financial institutions ⓘ relationship between Bank of Guyana and the Government of Guyana ⓘ
relatedTo	Bank of Guyana NERFINISHED ⓘ Financial Institutions Act of Guyana NERFINISHED ⓘ
sector	financial sector regulation ⓘ monetary and financial policy ⓘ
subjectMatter	banking regulation ⓘ central banking ⓘ currency issuance ⓘ financial stability ⓘ foreign reserves management ⓘ monetary policy ⓘ payment systems ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bank of Guyana → governedBy → Bank of Guyana Act ⓘ