Image for The Ordonnance of 1933

The Ordonnance of 1933

The Ordinance of 1933 was a French legal measure that aimed to regulate and control the financial and economic sector, primarily focusing on establishing oversight of banking and financial institutions. It set rules to ensure stability, transparency, and responsible management within the financial system. Essentially, it provided a legal framework for supervising banks and financial markets to prevent instability or misuse, thereby safeguarding the economy and protecting depositors. This ordinance was part of broader efforts to modernize financial regulation and maintain public confidence in the financial institutions.