MNI BRIEF: ISM Expects Sluggish Growth, Sticky Services Prices

MNI BRIEF: German Infl In Line With EA, Growth Lags - GCEE

MNI BRIEF: Focus Support For Cutting-Edge Tech - Ministry

MNI BRIEF: EU Won't Necessarily Follow US on Tariffs-Gentiloni

MNI China Daily Summary: Wednesday, May 15

MNI: PBOC Conducts CNY125 Bln 1Y MLF Weds; Rates Unchanged

MNI: US TSY TICS NET FLOWS IN MAR +$102.1B

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

EZ/UK Bond Supply Calendar: Spain, France Auction on Thursday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Sejm Speaker Won't Comply W/Const Court's Interdict, Will Initiate Procedures Vs. NBP Gov

NBP
Political Risk BulletEM BulletHomepageBulletPolitical RiskEmerging Market News

Sejm Speaker Szymon Holownia declared that he will not comply with the Constitutional Tribunal's order to halt the process of opening a probe into the conduct of National Bank of Poland (NBP) Governor Adam Glapinski.

  • The Speaker said on Wednesday that the Tribunal did not have the right to interdict parliamentary procedures. He also questioned the validity of the Tribunal's line-up which issued the interdiction.
  • Holownia suggested that he will send the petition to launch an investigation into Glapinski's conduct to the relevant committee, albeit just for preliminary consultations, without yet setting the proper procedure in motion.
  • According to Holownia, the committee will first review legal advice pointing to some shortcomings of the petition. Its opinion will then be considered by the Speaker and Deputy Speakers, who will decide whether to greenlight the probe.
131 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Sejm Speaker Szymon Holownia declared that he will not comply with the Constitutional Tribunal's order to halt the process of opening a probe into the conduct of National Bank of Poland (NBP) Governor Adam Glapinski.

  • The Speaker said on Wednesday that the Tribunal did not have the right to interdict parliamentary procedures. He also questioned the validity of the Tribunal's line-up which issued the interdiction.
  • Holownia suggested that he will send the petition to launch an investigation into Glapinski's conduct to the relevant committee, albeit just for preliminary consultations, without yet setting the proper procedure in motion.
  • According to Holownia, the committee will first review legal advice pointing to some shortcomings of the petition. Its opinion will then be considered by the Speaker and Deputy Speakers, who will decide whether to greenlight the probe.