Although the secret review of Tanellogia continues, the former president of the Bank of Rome has no room for resistance. Because an individual cannot fight against the state power, unless he is a madman or an anarchist.
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But then again, how could he be in such a powerful position as the president of the Bank of Rome?
So in order to protect himself, Taneroja had to issue a statement, claiming that he was suffering from an illness and had to step down from his duties as president and go home to recuperate.
Then he spit out the money he had embezzled, got the government's decision to let him go, and was ready to go home and spend the rest of his life. As for finding another job, for Taneroja, who had served as the president of a large bank, this was simply too much.
If it is difficult, don't think about banks in Italy. As for banks in other countries, who would want a sick person to hold such a prominent position as president.
So he had no other choice but to go home.
As for the government, after the smooth disposal of Taneroja, the danger of landmine explosions has been temporarily eliminated.
Of course, the lessons learned this time were too profound. In order to prevent this situation, an inspection of the banking and financial industry is also indispensable. Subsequently, the government sent various supervision teams to begin inspections of various banks, whether they are state-owned banks or private banks.
Banks are all within the scope of supervision.
These supervision teams include capable financial insiders, astute financial reviewers, and experienced supervisors. Yes, in order to prevent the supervision team from colluding with the bank's internal affairs, each team has a varying number of supervisors.
Faced with such a large-scale attack by the government, the banking industry suddenly burst into mourning, and the large number of supervisors made banking practitioners howl.
Under the rummaging through by these supervisory teams, various banks have a lot of problems. It is simply impossible to know if you don’t check, and you will be shocked when you check.
From minor problems such as illegal lending, to self-stealing, and even money and power transactions, beauty transactions, etc., all show how unscrupulous banks that lack supervision can be.
The government also provides various solutions to problems that arise in these banks. Problems that may cause bank turmoil are dealt with cautiously. For problems that will not cause these situations, they are dealt with seriously.
Hand disposal.
Although this may seem a bit like swatting flies but not swatting tigers, under the current circumstances, this is the only thing the government can do.
Of course, those violators who were found to have problems were all kicked out of the bank and would not be able to work in the bank for the rest of their lives.
When the government was rectifying the banking industry, Carlo, as the monarch, was not idle. Although the government was currently vigorously rectifying the banking industry, he knew that this was only a temporary solution and not a permanent solution. After a while, the worms inside the bank would appear again.
Resurrection. This is the same as catching corruption. It is a long-term task.
And he planned to use the most powerful tool for regulating banks in later generations, to put a shackles on these banks, lest they think they could show off their power again after avoiding the limelight.
"Your Majesty, did you prepare this?"
In Carlo's office, Tejela, who is the finance minister, asked in surprise. Because of this summons, he did not expect that the king would suddenly come up with a plan to supervise banks. In fact, it was not just him, but also the people on the side.
The Prime Minister didn't even think of it.
"No, it doesn't matter. This is the method I prepared after consulting with several experts in the financial and banking industry."
When asked by the Minister of Finance, Carlo did not dare to take credit. He was self-aware. How could he make such a plan with his little financial knowledge? And he was right, he really found several people.
What the famous financial bank experts do is just to propose methods and a team of experts will be responsible for improving them.
What the Chancellor of Finance sees is the final customized product. The reason why the Chancellor of Finance should read it first, rather than the Prime Minister, is that this plan will take away a lot of power from the Ministry of Finance.
Although this newly established department will also be under the custody of the Ministry of Finance, it is still separated by a layer. Yes, what Carlo prepared is the central bank. There are also central banks in Europe, such as the Bank of England, the Deutsche Reichsbank, etc., but these
The central bank is also gradually being transformed into a central bank.
And Carlo planned to skip the crude central banks of various countries and directly use the Chinese Central Bank, which has the strongest control in future generations, as a template. Of course, he knew that there would not be that many, but weren't they experts? Just ask them for professional knowledge.
Therefore, in Carlo's plan, the central bank is not just a bank within a bank, but a financial department with administrative responsibilities. From formulating financial policies and development strategic plans, to drafting relevant draft laws and administrative regulations, and improving relevant financial institutions
Operating rules and systems, formulating and executing monetary policies, and even managing the treasury, etc., can be regarded as functional departments in charge of finance.
Most of these responsibilities were previously handled by the Ministry of Finance, so in the face of Carlo's plan, Tejela, as the finance minister, definitely has something to say.
"Your Majesty, it may not be appropriate to put so many functions in one bank."
Don't blame the finance minister for making an argument about this, because it is unprecedented for a bank to be in charge of a country's finance.
Facing the words of the Finance Minister, Carlo smiled and said. "Your Excellency Tejela, you have also seen that this is not just a bank, but a department, but this department has some characteristics of a bank, so I think it is still
It should be called a bank. Of course, if you don't like it, we can change its name."
Although Carlo was asking in a questioning tone, who was serious and who was a fool at that time. And Tejela was certainly not a fool. He could still understand the firm meaning of the king's words.
Of course, it was not easy for him to be the finance minister during this period, because the mess in the banking industry had greatly reduced his prestige within the government.
He would not do this to confront the king for those banks that were riddled with moths. Although there was a lot of power to be devolved, the main responsibilities of the Ministry of Finance remained.
So under Carlo's majesty, the finance minister was quickly defeated.
As for the Prime Minister, he will not object to the emergence of this department that supervises banks. The only thing that makes him a little unhappy is that this method was actually proposed by the king and not by the government itself. This makes him feel that he has been neglecting his duties recently.
If this continues, what will be the prestige of the government? It will become the king's yes man.
Since everyone had no objections, the proposal to form a central bank was decided jointly by the government and the king under such circumstances.
This newly formed bank will mainly supervise banks in Italy. Whether they are foreign-funded, private or state-owned, they will all be supervised by it. In addition, the bank also has the right to print money. In addition to this bank,
, other banks are not allowed to issue currency, whether it is metal coins or banknotes, they can only be responsible for printing.
Of course, there are other functions, such as managing the treasury, formulating policies, etc., which I will not describe one by one.
The newly formed bank was named the National Bank of Italy by Carlo. Although it was a bank wholly owned by the government, Carlo wanted to call it this name.
Of course, establishing the bank will not happen overnight, but before that happens, the government can still deter these banks.