Having a bank account provides the means to receive, transact, and safely save funds. It is also a pathway for a bank customer to 6  -8implement laws to promote fair lending, consumer protection, and transparency in the consumer financial services marketplace. Let me say a bit about where innovation fits into this goal of making the financial system fairer.
At this stage, their critical monitors are being focused on: • • • • • • •  the health and soundness of the domestic financial sector; the openness and efficiency of the money and capital markets, and the market in foreign exchange; the transparency, both of policies and of macroeconomic data made available by the authorities; the quality of governance in both the public and the private sectors of the economy; the macroeconomic policies followed in the country by the monetary and fiscal authorities, and in respect of labour and commodity markets; the overall balance of payments situation, including developments in the current and in the capital accounts; and the total outstanding foreign liabilities, with special reference to the vulnerability of the country for sudden outflows of capital.