How We Regulate
The objectives of the Central Bank with respect to the regulation of the financial sector include:
- stability of the financial system;
- proper and effective regulation of financial institutions and markets, while ensuring that consumers of financial services are protected, and;
- resolution in credit institutions.
Regulation and supervision across all financial sectors continue to be underpinned by the Central Bank’s rigorous authorisation procedures, the assessment of applications for approval of persons under the fitness and probity standards, development of financial regulation policy, and an assertive risk-based approach to supervision coupled with the credible threat of enforcement.