Financial Integrity Bureau (Makko Oko)
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File:Makko Oko Financial Integrity Bureau Logo.png | |
Agency overview | |
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Formed | 7 March 2022 |
Jurisdiction | Makko Oko |
Agency executive |
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Parent agency | Ministry of Finance |
Website | fib.gov.mk |
The Financial Integrity Bureau, also referred to as the FIB, is a government financial regulatory agency in the Empire Of Makko Oko under the directive and control of the Ministry Of Finance. Its mission is to protect the interests and finances of citizen bankers both nationally and abroad. The agency was established through the International Banking Protections Act, or IBPA, enacted in March of 2022. The law sought to restrict the liabilities of the at the time unregulated, banking industry and restricting international bank participation within the nation.
The FIB is one of the most silent agencies of the government, rarely releasing press announcements or updates on agency affairs. As enforced by statute, the power to regulate international commerce (banking) is split between the TCEEA and the FIB, with the TCEEA managing tax regulations and approvals and the FIB managing institutional licenses.
History
Before FIB
Effects Of Order #3
Organization
Insurance
Operating Licenses
Authority
Management of Licenses
Oversight of Institution's Management
Commissioner Of FIB
History
Name | Start year | End year | Regime |
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Lawrence Otto | March 7th, 2022 | Present | Conall Solis |