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In addition, civil liability attaches to infringement of the Bank’s copyright, moral rights, and trade mark rights. These offences are covered under sections 14-17 and 18 of the Forgery and Counterfeiting Act 1981, section 12 of the Currency and Banknotes Act 1928, section 107 of the Copyright Designs and Patents Act 1988, section 92 of the Trade Marks Act 1994, and section 2 of the Fraud Act 2006.
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Money Markets Committee and UK Money Markets Code Greening our Corporate Bond Purchase Scheme (CBPS) Operational resilience of the financial sectorĬovid Corporate Financing Facility (CCFF) Saied has not set out a major economic policy but has focused in public comments on the need to end corruption and on efforts to curb price speculation by traders.Financial market infrastructure supervision The IMF has also urged Tunisia to reform its subsidies, its public sector wage bill and its loss-making state-owned companies. Saied, who has brushed aside much of the constitution to allow him to rule by decree, appointed Bouden as prime minister last month and has promised to start a dialogue over reforms to the political system.įoreign donors and the IMF have previously raised the need for broad support for economic reforms, meaning Saied would likely need backing from the powerful labor union and major political players to secure a deal. Talks with the IMF for a package, predicated on painful and unpopular economic reforms, were halted on July 25 when Saied dismissed the government, suspended parliament and assumed executive authority.Ĭritics of the president described his moves as a coup, while major foreign donors whose financial assistance an IMF deal could unlock have urged him to return to a normal constitutional order. The impact of the pandemic has added to the pressure on Tunisia's efforts to fund its budget spending and debt repayments, raising the prospect of a looming crisis in its public finances. For the latest headlines, follow our Google News channel online or via the app.