Legal Framework of the B.C.P.S.

The Central Bank of the Principality of Seborga has established by its statutes the protocol of the Seborgian Banking System of the Sovereign, Independent and Neutral Principality of Seborga,

  • referred to in Articles 1, 1-3, 1-5 et 111 of the Constitution ;
  • confirmed by articles 3 and 5 of the decree (D-2016/02-01) of February 22, 2016, on the Proclamation of the Sovereign Administration of the Sovereign Principality of Seborga) ;
  • Acted by Article 1 of the decree (D-2016/03-01) of 1st March 2016, on the creation of commercial and financial structures to revive the economy of the Sovereign, Independent and Neutral Principality of Seborga;
  • validated by the Ordinance (O-2016/05-01) of May 10, 2016, on the structuring of the BCPS;
  • validated by Ordinance (O-2016/06-04) of June 7, 2016, on the administration of BCPS;