03/04/2022 OHR

CLAIM: “The Central Bank of BiH was established by the DPA as a joint bank of the RS and the FBiH, but the High Representatives abolished that structure and transferred the management of the CBBH to the joint institutions. The Constitution states the Presidency is the supervisory body, i.e. the body that oversees the work of the CBBH.”

FACT: The BiH Central Bank has never been an inter-entity institution nor has the High Representative ever legislated on its status.  

The BiH Central Bank is a State institution established by Annex 4 of the General Framework Agreement for Peace in BiH (BiH Constitution).  

The BiH Constitution specifically entrust the BiH Parliamentary Assembly to determine the responsibilities of the BiH Central Bank, which the BiH Parliamentary Assembly did in 1997 by adopting the Law on Central Bank of BiH.