lLegal Position and Scope of the Decisions of the Council of Money and Credit

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Banaei Oskooei Majid; Mirzaei Vida

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Paper Information

Journal: JOURNAL OF PUBLIC LAW (LAW RESEARCH QUARTERLY) (LAW & POLITICS RESEARCH JOURNAL) Year:2020 | Volume:21 | Issue:66 Page(s): 141-180

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Information Journal Paper

Title

lLegal Position and Scope of the Decisions of the Council of Money and Credit

Author(s)

Banaei Oskooei Majid | Mirzaei Vida | Issue Writer Certificate

Keywords

Council

money

Credit

Bank

Policie

Abstract

The Council of money and Credit, as one of the most important components of the central Bank of Iran, is responsible for regulating macroeconomic Policies of the country’ s Banking and supervision over Banks and financial and Credit institutions. In order to carry out its duties, the Council has laid down many approvals that are binding on the Banking system. However, in some cases, these decisions are in conflict with current laws and regulations or have been outside the scope of the legislative authority of the Council. Hence, there are many questions and ambiguities regarding the position and legal scope of the decisions of the Council of money and Credit. For instance, are the Council’ s regulations mandatory for other executive organizations in addition to Banks and financial and Credit institutions? Otherwise, if the rules are contrary to the Constitution, or the ordinary law, what is the duty of the executors? Given the lack of anticipation of the prior assessment of the above-mentioned approvals, in the course of a dispute and a lawsuit, does the court have a duty to assess and have the right to disregard the effects of such decisions, which have not yet been canceled?

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APA: Copy

Banaei Oskooei, Majid, & Mirzaei, Vida. (2020). lLegal Position and Scope of the Decisions of the Council of Money and Credit. JOURNAL OF PUBLIC LAW (LAW RESEARCH QUARTERLY) (LAW & POLITICS RESEARCH JOURNAL), 21(66 ), 141-180. SID. https://sid.ir/paper/957198/en

Vancouver: Copy

Banaei Oskooei Majid, Mirzaei Vida. lLegal Position and Scope of the Decisions of the Council of Money and Credit. JOURNAL OF PUBLIC LAW (LAW RESEARCH QUARTERLY) (LAW & POLITICS RESEARCH JOURNAL)[Internet]. 2020;21(66 ):141-180. Available from: https://sid.ir/paper/957198/en

IEEE: Copy

Majid Banaei Oskooei, and Vida Mirzaei, “lLegal Position and Scope of the Decisions of the Council of Money and Credit,” JOURNAL OF PUBLIC LAW (LAW RESEARCH QUARTERLY) (LAW & POLITICS RESEARCH JOURNAL), vol. 21, no. 66 , pp. 141–180, 2020, [Online]. Available: https://sid.ir/paper/957198/en

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