In the unusual case in which a small bank is engaged in proprietary trading that could pose a risk to the deposit insurance fund or has in place a compensation system that incentivizes excessive risk, the supervisory process would remain available to address these risks. I recognize that statutory revisions of this sort would not be a major reduction in compliance burden.
Government through the Reserve Bank of Malawi is sparing no effort in creating an enabling environment for banks to operate effectively in the country. As a result, more banks have come on the market and are willing to serve the rural, urban and semi-urban communities owing to the ever improving rural infrastructure and conducive fiscal policies.