{"id":884,"date":"2018-05-29T11:11:20","date_gmt":"2018-05-29T11:11:20","guid":{"rendered":"http:\/\/xtratheme.com\/default\/?page_id=7"},"modified":"2024-09-29T10:54:15","modified_gmt":"2024-09-29T10:54:15","slug":"about-us","status":"publish","type":"page","link":"https:\/\/cmpo-ns.com\/en\/?page_id=884","title":{"rendered":"Board of Directors"},"content":{"rendered":"\t\t
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\r\n\r\n\t\t\t\r\n\t\t\t\tCENTRAL \t\r\n\t\t\t<\/span>\r\n\r\n\t\t\t \r\n\r\n\t\t\t\t MONETARY AND PAYMENTS<\/b>\r\n\t\t\t<\/span>\r\n\r\n\t\t\t\r\n\t\t\t\tOFFICE\t\t\t<\/span>\r\n\r\n\t\t<\/h2>\r\n\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\tThe organizational structure of the office<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t
  1. The Board of Directors includes nine members. <\/span><\/li>
  2. The executive management includes four members.<\/span><\/li>
  3. Office staff.<\/span><\/li><\/ol><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\t\t\t\tBoard of Directors<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

    A – The Board of Directors consists of nine members, who have the right to vote, and are chosen as follows:<\/span><\/p>

    1. Co-chairmanship of the Cash and Payments Office. Deputy Joint Presidency for Payments Affairs. <\/span><\/li>
    2. Deputy Joint Presidency for Oversight and Regulations Affairs.<\/span><\/li>
    3. One of the co-chairs of the Finance Authority.<\/span><\/li>
    4. One of the co-chairs of the Economic Authority. <\/span><\/li>
    5. Three experts in finance, monetary and macroeconomic affairs.<\/span><\/li><\/ol>

      B – The joint presidency of the Monetary and Payments Office and the two deputy presidency shall be appointed by the General Council, upon a proposal from the Finance Authority.<\/p>

      C – The members of the Board of Directors appointed in accordance with Paragraph (B) of this Article and one of the co-chairs of both the Economic Authority and the Finance Authority shall select the experts on the Board of Directors.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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      \n\t\t\t\t\t\t\t\t\t\t\t\tMembership period<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

      1-maweya endamtiya her endamek\u00ee\u00a0 di Enc\u00fbmena r\u00eavebir de p\u00eanc sal in.<\/p>

      2-endam\u00ean Enc\u00fbmena r\u00eavebir bi r\u00eaza kronoloj\u00eek t\u00ean erkedarkirin.<\/p>

      3-endam dikarin ji carek\u00ea z\u00eadetir post\u00ea bigirin<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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      \n\t\t\t\t\t\t\t\t\t\t\t\tTasks of the Board of Directors<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t
      1. Determine monetary policies and supervise their implementation by management and employees.<\/li>
      2. Adopting the rules, decisions and guidelines issued to be implemented by the office.<\/li>
      3. Approving all reports and recommendations submitted by the office to the Autonomous Administration.<\/li>
      4. Providing recommendations to self-administration institutions regarding the participation of the Central Monetary and Payments Office in technical consultations with international organizations.<\/li>
      5. Approval of the office\u2019s internal system.<\/li>
      6. Determine the structural organization of the office.<\/li>
      7. Approval of the appointment of the Office’s Inspector General.<\/span><\/li>
      8. Appointment of management staff to the office.<\/span><\/li>
      9. Establishing and closing branch offices affiliated with the office.<\/span><\/li>
      10. Determine the accounting policies of the Central Monetary and Payments Office and approve the periodic reports and financial statements of the office.<\/span><\/li>
      11. Determine the office budget and the terms and conditions of employment of employees, agents and correspondents in the office\u00a0<\/span><\/li>
      12. Make a decision regarding the incurrence of debts by the Central Monetary and Payments Office and the terms and conditions of this debt.<\/span><\/li>
      13. Determine the asset classes that should be suitable for investing the financial resources of the Central Monetary and Payments Office.<\/span><\/li>
      14. Approval or rejection of applications for licensing banks, exchange offices and companies, and shops trading in precious metals.<\/span><\/li>
      15. Cancellation of banking licenses and licenses for exchange offices and companies and trading in precious metals.<\/span><\/li>
      16. Appointing an independent external auditor for the annual audit work in the office.<\/span><\/li>
      17. Establishing Board of Directors committees that have key supervisory responsibilities over specific aspects of the office\u2019s work, such as auditing and risk management.<\/span><\/li>
      18. Reviewing quarterly reports and other reports issued by offices, and reports issued by the Inspector General.<\/span><\/li>
      19. Determine the reserves of hard currencies and metals, and the mechanisms and justifications for disposing of them.<\/span><\/li><\/ol><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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        \n\t\t\t\t\t\t\t\t\t\t\t\tEligibility to serve on the office\u2019s board of directors<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

        No person may be a member of the office\u2019s board of directors if:<\/p>

        1. This person was an official or employee of a bank with offices in the Autonomous Administration areas.<\/li>
        2. He was a beneficial owner of 5% or more of the equity in a bank.<\/li>
        3. Member of the Executive Council of the Democratic Autonomous Administration of North and East Syria (with the exception of one of the co-chairs of both the Finance and Economic.<\/li>
        4. Commissions that are members of the Board of Directors based on the provisions of Monetary Office Law No. 9 dated 2021.<\/li>
        5. Member of the General Council of the Democratic Autonomous Administration of North and East Syria.<\/li>
        6. The provisions of ineligibility and removal were applicable to him in accordance with Article (21) of the Monetary Office Law No. 9 of 2021.<\/li><\/ol><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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          \n\t\t\t\t\t\t\t\t\t\t\t\tBoard meetings<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

          1-serokatiya hevbe\u015f an j\u00ee yek ji wan d\u00ea serokatiya civ\u00een\u00ean Enc\u00fbmena r\u00eavebir bike, di dema ne amedeb\u00fbna wan de, c\u00eegir\u00ea serokatiya hevbe\u015f a kar\u00fbbar\u00ea diravdan\u00ea\u00a0 serokatiya wan dike \u00fb di dema ne amedeb\u00fbna w\u00ee de ,c\u00eegir\u00ea serokatiya hevbe\u015f a \u00e7avd\u00ear\u00ee \u00fb r\u00eaxistkirin\u00ea serokatiy\u00ea dike.<\/p>

          2- Enc\u00fbmena r\u00eavebir bi qas\u00ee ku kar\u00ea niv\u00eesgeh\u00ea p\u00eaw\u00eest dike, her\u00ee k\u00eam meh\u00ea carek\u00ea\u00a0 dicive, civ\u00een li ser vexwendina serokatiya hevbe\u015f p\u00eak t\u00ea \u00fb li ser daxwaza niv\u00eesk\u00ee ya du endam\u00ean Enc\u00fbmena r\u00eavebir j\u00ee dikare were lidarxistin.<\/p>

          3- d\u00eerok, c\u00eeh \u00fb rojeva civ\u00een\u00ea hr\u00ee k\u00eam ber\u00ee p\u00eanc roj\u00ean kar ji\u00a0 roja ku ji bo civ\u00een\u00ea hatiye diyarkirin t\u00ea rag\u00eehandin ,\u00a0 di rew\u015f\u00ean awerte de dibe ku civ\u00een di demek kin de b\u00ean li darxistin<\/p>

          4- hejmara qan\u00fbn\u00ee ya r\u00eavebirina kar di \u00e7i civ\u00een\u00ea de,\u00a0 her\u00ee k\u00eam ji p\u00eanc endam\u00ean enc\u00fbmen\u00ea p\u00eak t\u00ea\u00a0 \u00fb\u00a0 biryar\u00ean enc\u00fbmen\u00ea bi piraniya endam\u00ean amede t\u00ea pejrandin \u00fb dibe ku b\u00ean lidarxistin \u00fb dengdan b\u00ea kirin\u00a0 di r\u00eaya tekn\u00eeka peywendiya d\u00eetin\u00ee an am\u00fbr\u00ean peywendiy\u00ea y\u00ean\u00a0 elektron\u00ee \u00fb pejirand\u00ee<\/p>

          5-bi ber\u00e7avgirtina p\u00eadiviy\u00ean hejmara qan\u00fbn\u00ee y\u00ean di xala (4) a v\u00ea bend\u00ea de, nabe ti kiryar an kar\u00ea ku ji h\u00eala Enc\u00fbmena r\u00eavebir ve hat\u00ee derxistin b\u00ea betal kirin bi ten\u00ea ji ber ku di Enc\u00fbmena r\u00eavebir de valahiyek an valah\u00ee hebin<\/p>

          6- hem\u00ee kiryar\u00ean ku ji h\u00eala endam\u00ea Enc\u00fbmena r\u00eavebir ve t\u00ean kirin wek\u00ee kesek\u00ee ku bi dilpak\u00ee tevdigere derbasdar t\u00ean pejrandin , tev\u00ee ku p\u00eavajoya erkedarkirina w\u00ee kes\u00ee an bik\u00earhatinb\u00fbna\u00a0 w\u00ee pi\u015ftre k\u00eamas\u00ee\u00a0 di nav de hebin.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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          \n\t\t\t\t\t\t\t\t\t\t\t\tProceedings of Board Meetings<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

          1. The minutes of the meetings of the Board of Directors shall remain confidential, and the Board of Directors may make the results of its deliberations public on any subject, and all its decisions on public policy matters shall be published promptly.
          2. The minutes of each meeting of the Board of Directors are signed by the co-chairing or presiding director, the secretary and the members of the board of directors present.
          3. The Secretary of the meetings of the Board of Directors shall be appointed from among the senior staff of the Office by a decision of the Co-Chair, and shall be assigned to attend all meetings of the Board, keep all records of the Office and perform other functions as set forth in Article (13) of this Statute, and the Secretary may not be a member of the Board of Directors.

          <\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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          \n\t\t\t\t\t\t\t\t\t\t\t\tFunctions and work of the Secretary of the Board of Directors Meetings<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

          1. Arranging Board meetings, preparing and sending invitations, and organizing the agenda of Board meetings.
          2. Writing minutes of meetings, preparing the resolutions issued by the Board of Directors, preparing, editing, printing, auditing, signing and distributing relevant correspondence drafts duly.
          3. Provide the relevant authorities with their own decisions.
          4. Provide the members of the Council with the decisions issued by the Council.
          5. Record, index, save and document all correspondence and resolutions related to the work of the Board of Directors<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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          \n\t\t\t\t\t\t\t\t\t\t\t\tCo-chairmanship of the Bureau<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

          The co-chairmanship is appointed by the General Council upon a recommendation from the Finance Commission for North and East Syria.
          The Co-Presidency shall perform the following tasks:
          1. The co-chairmanship of the office shall be the executive management of the Cash and Payments Office and shall be responsible for the day-to-day business of the office.
          2. The Co-Presidency is accountable to the Board of Directors for the implementation of its decisions, and for directing and overseeing the management and operations of the Office.
          3. All powers not specifically allocated to the Board of Directors, and may take all actions required or recommended for the management or operations of the Office.
          4. Entering into contractual obligations on behalf of the Bureau with the approval of the Board of Directors.
          5. Approving the appointment of employees, undersecretaries and correspondents in the office based on the recommendation of the vice presidents and directors of directorates.
          6. Representation of the office in general.
          7. Delegate some powers to other employees with the approval of the Board of Directors.
          8. In the absence of the co-chairmanship or inability to carry out its duties for any other reason, the deputy co-chair for payment systems shall replace it, and in the event of his absence, he shall be transferred to the deputy co-chair for control and regulations, and he shall serve as the chief executive officer of the office.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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          \n\t\t\t\t\t\t\t\t\t\t\t\tVice President for Payment Systems and Banking Operations<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

          The Deputy Co-Presidency for Payment Systems shall be responsible to the Bureau, and after consultation with the Co-Presidency shall have the powers to take enforcement measures with regard to the development and control of payment systems owned and managed by the Monetary Bureau or those owned and managed by payment service providers from banks and non-banks from other banking institutions , and his duties include:
          1. Chairs the meetings of the Board of Directors in the absence of the co-chairmanship.
          2. Achieving the elements of efficiency and security in payment systems.
          3. Work to minimize payment risk.
          4. Contribute to the development and modernization of the infrastructure of payment systems and raise the level of security in them to facilitate the provision and introduction of various and modern electronic services in a way that contributes to achieving financial inclusion in all areas of the Autonomous Administration of North and East Syria and ensuring easy, safe and fair access to all segments of society for various financial and electronic services, especially marginalized and poor groups in remote and remote areas in order to benefit from banking and financial services and achieve easy and fair access to them.
          5. Contribute to strengthening the legal framework for payment systems managed by the Monetary Office to keep pace with the development of the comprehensive legal environment to cover all modern payment systems and provide the legal framework governing their work.
          6. Contribute to the implementation of the strategies and general objectives of the Monetary Office in achieving financial and monetary stability in a way that leads to achieving economic growth and welfare in the areas of the Autonomous Administration of North and East Syria.
          7. Contribute to leading the change, development and modernization management processes for payment systems development projects in the Autonomous Administration areas of North and East Syria by playing the role of catalyst and encourager.
          8. Commitment to the application of international standards and best practices that govern the operation of payment and settlement systems by adhering to the principles of financial markets and important payment systems issued by the Bank for International Settlements, the World Bank and ISCO.
          9. Contribute to the preparation of instructions, policies, procedures and special circulars that regulate the work of electronic payment systems , their application, follow-up implementation and compliance by all members of the national payment systems.
          10. Representing the Office in internal and external meetings related to payment systems with the authorization of the co-chair.
          11. Carry out all the work entrusted to him by the co-presidency.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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          \n\t\t\t\t\t\t\t\t\t\t\t\tVice Presidency for Control and Regulation<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t

          The Deputy Joint Presidency for Control and Organization shall be responsible to it, and after consultation with the Co-Presidency, he shall have the powers to take the measures and procedures to be taken in the affairs of control and organization of operations in the Office provided for in the Law of the Monetary Office or other laws, and his duties include:
          1. He shall chair the meetings of the Board of Directors in the absence of the co-chairmanship and the Vice-Chair for Payment Systems.
          2. Be directly responsible for the control and organization systems in the office, reviewing its reports and evaluating its performance.
          3. Contribute to achieving the objectives of the Monetary Office of achieving the stability of the banking system in the areas of self-administration.
          4. Take all required measures and procedures in the field of control and regulation after consultation with the Co-Presidency.
          5. Representing the Office in internal and external meetings related to the field of control and organization with the authorization of the co-presidency.
          6. Carry out all the work entrusted to him by the co-presidency.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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          \"\"<\/div>

          We are experts in Banking<\/span><\/p>

          4 Years of Experience<\/span><\/span><\/h3><\/div><\/div><\/div>\r\n\t\t<\/div>\r\n\t\t\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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          Banking and Remittances<\/p>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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          Payment systems<\/p>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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          Financial stability<\/p>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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          Banking and Remittances<\/p>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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          \"\"<\/div>\r\n\t\t\t\t<\/div>\r\n\r\n\t\t\t\t\r\n\t\t\t<\/div>\r\n\r\n\t\t<\/div>\r\n\r\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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          CENTRAL MONETARY AND PAYMENTS OFFICE The organizational structure of the office … <\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-884","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=\/wp\/v2\/pages\/884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=884"}],"version-history":[{"count":62,"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=\/wp\/v2\/pages\/884\/revisions"}],"predecessor-version":[{"id":2477,"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=\/wp\/v2\/pages\/884\/revisions\/2477"}],"wp:attachment":[{"href":"https:\/\/cmpo-ns.com\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}