News in English     | 06.04.2021. 20:39 |

Čavara holds a meeting on the naming of members of FBiH Securities Commission

FENA Press release

SARAJEVO, April 6 (FENA) - A video meeting on the appointment of members of the FBiH Securities Commission was held today, attended by High Representative Valentin Inzko, EU Ambassador to BiH Johann Sattler, and US Ambassador Nelson, along with the Federation of BiH President Marinko Čavara, Ambassador of the United Kingdom of Great Britain and Northern Ireland Matthew Field, and vice presidents of the Federation of BiH Melika Mahmutbegović and Milan Dunović.

The President of the Federation of BiH Marinko Čavara informed the participants of the meeting about the current process of election and appointment of members of the Securities Commission, emphasizing that after the public procedure for selection and appointment of members of the FBiH Securities Commission, with the consent of the FBiH vice presidents, on July 24, 2018, he passed a Decision on dismissal and appointment of members of the FBiH Securities Commission, which enters into force on the day of confirmation in the FBiH Parliament.

He also reminded that the Decision was submitted to the FBiH Parliament on the same day and that the House of Representatives of the FBiH Parliament on December 18, 2019, confirmed the Decision on dismissal and appointment of members of the FBiH Securities Commission, while the House of Peoples of the FBiH Parliament has not done so until today, and that on March 11, 2021, he refused to give his consent.

The President of the Federation of BiH also said that the incumbent Commission consists of two members (president and one member) and does not have the necessary minimum for decision-making, and the President of the Commission was denied access to official premises by the Court, and he refuses to transfer powers to Matej Živković.

"In order to resolve the problem, on March 25, 2021, a commission was appointed to conduct the procedure for selecting candidates for the appointment of members of the FBiH Securities Commission. The public tender for the selection and appointment of members of the FBiH Securities Commission was published in the Official Gazette of the FBiH on April 2, 2021, and is open for 15 days from the date of publication in the Official Gazette of the FBiH.

The Commission will carry out the procedure on the basis of legal provisions, and we hope that in two months, I will be able to appoint the Commission with the consent of the FBiH vice presidents and send it to the FBiH Parliament for confirmation," said the President of the Federation of BiH.

The participants of the meeting emphasized the importance of the FBiH Securities Commission and that they would give maximum support to speed up the appointment process in accordance with European standards and relevant legislation, stated the Office of the President of the FBiH.

(FENA) S. R.

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