According to the new Bank of Israel Law (5770-2010), the Supervisory Council will publish its main decisions, as well as the minutes of its meetings, in order to increase the transparency of Bank of Israel administration.
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| Supervisory Council Main Decisions - 2011 |
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Decision
Date |
Decision Topic |
Full Text
of Decision |
| 05.12.2011 |
Approval of Commemorative Coins |
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| 06.11.2011 |
Appointment of Audit Committee Members |
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Decision
date |
Decision |
| 19.09.2011 |
By the authority of the Supervisory Council, which is held by the Governor of the Bank of Israel until the Supervisory Council is appointed, the Governor decided on September 19, 2011, to transfer NIS 3.4 million from budget section "Retirement - retirement program" to budget section "Retirement - payments at retirement plan".
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| 31.07.2011 |
BBy the authority of the Supervisory Council, which is held by the Governor of the Bank of Israel until the Supervisory Council is appointed, the Governor decided on July 31, 2011, to transfer NIS 7 million from budget section "Management and administration - job cost project" to budget section "Retirement - payments at retirement plan".
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| 26.05.2011 |
By the authority of the Supervisory Council, which is held by Governor of the Bank of Israel Prof. Stanley Fischer until the council is appointed, the Governor decided on May 26, 2011, to extend the appointment of the accounting firm of KPMG Somekh Chaikin as the Bank's external auditor for the preparation of the auditor's report for 2011. This is because the firm was hired by the Bank for the previous four years. The appointment for 2012 will be carried out by the Supervisory Council which will be appointed. The engagement was approved by the Bank's tenders committee. |
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