We also are working closely with our Treasury and law enforcement counterparts to disseminate information about perceived money-laundering or terrorist-financing threats. By identifying emerging vulnerabilities, we can better collaborate with banking organizations in our efforts to develop systems and procedures to combat the abuse of the financial sector by financial criminals.
The intention is to ensure that the stability of the system is preserved, the integrity of core banking is not violated, retail customers’ savings and deposits are not jeopardized and that the costs of riskier business products and practices are internalized to prevent, or at any rate minimize, externalities. VI. Boring banking – an Indian perspective  33.