{"id":20902,"date":"2026-05-05T15:34:58","date_gmt":"2026-05-05T15:34:58","guid":{"rendered":"https:\/\/bitcointrieste.com\/pilabank\/?page_id=20902"},"modified":"2026-05-10T07:07:50","modified_gmt":"2026-05-10T07:07:50","slug":"pila-bank-statutory-rules","status":"publish","type":"page","link":"https:\/\/bitcointrieste.com\/pilabank\/pila-bank-statutory-rules\/","title":{"rendered":"Statutory Rules"},"content":{"rendered":"\n[et_pb_section][et_pb_row][et_pb_column type=&#8221;4_4&#8243;][et_pb_text]<!-- divi:paragraph -->\n<p><strong>Public Statute and Transparency Guarantees<\/strong><\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p>&#8220;The National Bank of the Free Territory of Trieste is established as a public law entity, endowed with autonomy and independence. To ensure maximum transparency towards the public and the international community, the Bank publishes its financial statements, monetary policy guidelines, and a public and accessible annual report on its activities online and in real time.&#8221;<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p><strong>Anti-Money Laundering Regulations<\/strong><\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p>&#8220;The National Bank is the supreme supervisory authority for the prevention and fight against money laundering. It requires all financial operators in the Territory to adopt rigorous customer identification (KYC) protocols in the pre-established DAO, using blockchain, and to report suspicious transactions, in accordance with the highest international standards.&#8221;<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p><strong>Convertibility Rules<\/strong><\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p>&#8220;The legal tender issued by the National Bank is backed by adequate levels of human reserves and confidence in the inhabitants and their work. The Bank ensures the full convertibility of the national currencies Pila, Boro, and Flica, regulating exchange rates to facilitate free cross-border trade and maintain price stability in the domestic market.&#8221;<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p><strong>Deposit Protection<\/strong><\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p>&#8220;In order to preserve confidence in the Free Territory&#8217;s credit system, the National Bank manages an Interbank Deposit Protection Fund. This fund is responsible for protecting the savings of account holders, fully reimbursing deposits up to a predetermined threshold in the event of insolvency or forced liquidation of a credit institution.&#8221;<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p><strong>Relations with local and international economic operators<\/strong><\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p>&#8220;The National Bank promotes the economic development of the Free Territory of Trieste by acting as a lender to local businesses and ensuring an adequate flow of credit to the productive system. In compliance with the Territory&#8217;s neutral status, the Bank is authorized to enter into financial cooperation agreements with foreign central banks, international institutions, and global markets.&#8221;<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:paragraph -->\n<p><\/p>\n<!-- \/divi:paragraph -->[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p><div class=\"et_pb_section et_pb_section_0 et_section_regular\" >\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div><div class=\"et_pb_row et_pb_row_0 et_pb_row_empty\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div><div class=\"et_pb_module et_pb_text et_pb_text_0  et_pb_text_align_left et_pb_bg_layout_light\">\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div> Public Statute and Transparency Guarantees &#8220;The National Bank of the Free Territory of Trieste is established as a public law entity, endowed with autonomy and independence. To ensure maximum transparency towards the public and the international community, the Bank publishes its financial statements, monetary policy guidelines, and a public and accessible annual report on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:paragraph -->\n<p><strong>Public Statute and Transparency Guarantees<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"The National Bank of the Free Territory of Trieste is established as a public law entity, endowed with autonomy and independence. To ensure maximum transparency towards the public and the international community, the Bank publishes its financial statements, monetary policy guidelines, and a public and accessible annual report on its activities online and in real time.\"<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Anti-Money Laundering Regulations<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"The National Bank is the supreme supervisory authority for the prevention and fight against money laundering. It requires all financial operators in the Territory to adopt rigorous customer identification (KYC) protocols in the pre-established DAO, using blockchain, and to report suspicious transactions, in accordance with the highest international standards.\"<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Convertibility Rules<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"The legal tender issued by the National Bank is backed by adequate levels of human reserves and confidence in the inhabitants and their work. The Bank ensures the full convertibility of the national currencies Pila, Boro, and Flica, regulating exchange rates to facilitate free cross-border trade and maintain price stability in the domestic market.\"<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Deposit Protection<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"In order to preserve confidence in the Free Territory's credit system, the National Bank manages an Interbank Deposit Protection Fund. This fund is responsible for protecting the savings of account holders, fully reimbursing deposits up to a predetermined threshold in the event of insolvency or forced liquidation of a credit institution.\"<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Relations with local and international economic operators<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\"The National Bank promotes the economic development of the Free Territory of Trieste by acting as a lender to local businesses and ensuring an adequate flow of credit to the productive system. In compliance with the Territory's neutral status, the Bank is authorized to enter into financial cooperation agreements with foreign central banks, international institutions, and global markets.\"<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><\/p>\n<!-- \/wp:paragraph -->","_et_gb_content_width":"","footnotes":""},"class_list":["post-20902","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/pages\/20902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/comments?post=20902"}],"version-history":[{"count":3,"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/pages\/20902\/revisions"}],"predecessor-version":[{"id":20912,"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/pages\/20902\/revisions\/20912"}],"wp:attachment":[{"href":"https:\/\/bitcointrieste.com\/pilabank\/wp-json\/wp\/v2\/media?parent=20902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}