Central Bank


The term “Central Bank” means an institution that is by law or government sanction the principal authority, other than the government of the jurisdiction itself, issuing instruments intended to circulate as currency. Such an institution may include an instrumentality that is separate from the government of the jurisdiction, whether or not owned in whole or in part by the jurisdiction.

Examples of Central Banks

  • the Swiss National Bank and any of its wholly owned subsidiaries
  • Deutsche Bundesbank (German Federal Bank)
  • Bank for International Settlements the Bank of England and any of its wholly owned subsidiaries.


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