Central Bank of the Dominican Republic Dominican Republic Central Bank of the Dominican Republic The Central Bank of the Dominican Republic (, BCRD) was established by the Monetary and Banking Law of 1947 as the central bank of the Dominican Republic, responsible for regulating the country's monetary and banking system.The Banks headquarter is in Santo Domingo and current governor is Héctor Valdez Albizu. Organic Law no. 6142 of December 29, 1962, authorized the central bank to promote and maintain favorable monetary, foreign exchange and credit conditions for the stability and development of the national economy. The central bank's functions include regulating market liquidity levels by: determining
Judiciary of the Dominican Republic Judiciary of the Dominican Republic The judiciary is one of the three branches of state that make up the government of the Dominican Republic. Its function is to administer justice, for free, to decide on disputes between individuals or corporations, private or public, in all kinds of processes, judgment and execution of judgments. They exercise for the courts and tribunals established by the Constitution and the law The courts are composed of four levels of courts. The Supreme Court of the Dominican Republic is the court of last resort existing in the Republic and is, therefore, the head of the