European Central Bank
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
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.
Questions, answered
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- “What agencies are affected by this order?”
- “How does this order change existing policy?”
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