National assembly approves complementary reforms to financial services bill

- Friday, January 21, 2011

National assembly approves complementary reforms to financial services bill

El Salvador's unicameral national assembly has approved a series of complementary reforms for the financial services industry, following the passage of a regulatory bill for the sector earlier this month.

The complementary reforms include changes in the central bank, banking and securities acts. The financial services regulatory bill is set to become law 180 days after it is published in the national gazette, the assembly said in a press release.

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