Given SPI’s single-minded implementation orientation, we monitor enactment activities that take place after SPI Committee endorsement of a Project Working Group proposal very closely. Although enactment activities are not under the SPI control, we believe that transparency helps create accountabilities for results under the modernization program.
Project | Country | SPI Committee Endorsement | Communication to Relevant Authority | Last Follow-up Action | Actual Enactment |
---|---|---|---|---|---|
Anti-Money Laundering Law Amendment | Romania | April 27,2007 | May 14,2007 - Ministry of Justice | October 4,2007 | December 2007 |
Law on Checks Amendment | Romania | April 27, 2007 | April 27, 2007- Ministry of Economy and Finance sends to National Bank of Romania for endorsement | October 25, 2007 | March 2008 |
Law on Drafts and Promissory Notes Amendment | Romania | April 27, 2007 | June 13,2007 -Ministry of Finance sends to National Bank of Romania for endorsement | October 25,2007 | January 2008 |
Law on Safety Amendments | Romania | December 20, 2006 | June 12, 2007- Ministry of Internal Affairs Endorsement | September 20, 2007 | December 2007 |
Ombudsman | Romania | April 27, 2007 | June 13, 2007 | September 12, 2007 | November 2007 |
Positive Information Sharing | Romania | December 20, 2006 | January 16, 2007 | October 24, 2007 | November 2007 |
IFRS | Albania | November 4, 2008 | November 6, 2008- Bank of Albania Supervision Department Analysis | November 2008 | |
Auction Procedures- Civil Procedure Code Amendment | Albania | November 4, 2008 | November 13, 2008- Regulatory Impact Assessment sent to Parliament | December 2008 | |
Auction Procedures- feedback to draft Law on Private Bailiff and Recommendations on Public Bailiff | Albania | November 4, 2008 | November 7, 2008- PWG contributions sent to Ministry of Justice | December 2008 | |
Enhancing Bank’s Liquidity Risk Management | Albania | N/A | N/A | August 2009 | October 2009 |