Article: The Government will strengthen Norges Bank's management and control system.

M2 PRESSWIRE-3 April 2009-Norwegian Government: The Government will strengthen Norges Bank's management and control system(C)1994-2009 M2 COMMUNICATIONS LTD

RDATE:03042009

'The Government has submitted a bill today with proposals that will strengthen Norges Bank's management and control system in line with the best international practices and recognised principles for sound central bank management,' says the Norwegian Minister of Finance Ms Kristin Halvorsen.

The rules of the Norges Bank Act on managing and controlling Norges Bank have stood virtually unchanged since they were enacted in 1985. During this period the bank's activities have ...

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