European Central Bank

2003-06-03Executive Order 13307
Signed by: George W. Bush
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Headline: Extends International Organization Immunities to European Central Bank

What it does: The order extends to the European Central Bank the privileges, exemptions, and immunities available to designated public international organizations under U.S. law.

Real World Impact:
  • Grants the European Central Bank privileges, exemptions, and immunities under U.S. law.
  • Alters the bank's legal status and protections within the United States.
  • Does not reduce privileges the bank already has from treaties or other laws.
Topics: international organizations, legal immunity, banking law, foreign relations

Summary

This order extends to the European Central Bank the privileges, exemptions, and immunities that U.S. law provides to public international organizations designated by the President.

It affects the bank's legal standing in the United States and makes clear it does not reduce any privileges the bank already has or may acquire under international agreements or other law.

This clarifies the bank's protections when interacting in the United States.

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