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Turkmenistan (105,173) > Banking, finance, insurance workers (301)

Name: Law No. 455-V of 15 October 2016 "On Mandatory Guarantee of Personal Deposits"
Country: Turkmenistan
Subject(s): Banking, finance, insurance workers
Type of legislation: Law, Act
Adopted on: 2016-10-15
Entry into force:
ISN: TKM-2016-L-105755
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=105755&p_lang=en
Bibliography: legislation on-line legislation on-line Zolotoy Vek [Turkmenistan information site], Turkmenistan PDF in Russian PDF in Russian (DOC.NORMES) (consulted on 2017-12-22)
Abstract/Citation: Chapter I: General provisions, which establish, inter alia, the aims and principles of the system of the mandatory guarantee of personal deposits, also the subjects and objects of the system.
Chapter II: Competencies of the Central Bank to ensure guarantees for personal deposits
Chapter III: Fund of mandatory guarantees for deposits and guarantee reserve of the Central Bank
Chapter IV: Participation of banks in the system of mandatory guarantee for deposits
Chapter V: Amount, procedure and terms of payment of guarantee compensation
Chapter VI: Final provisions.

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