Consumer Protection: Institutional Setup Around the world, institutional arrangements in place to protect consumers vary from stand-alone consumer protection agencies to bodies with dual regulation and consumer protection mandates and bodies like the Central Bank of Ireland with financial stability, prudential regulation and consumer protection mandates.10 Measures applied to protect consumers range from working to ensure financial stability, through prudential and macro prudential regulation, supervision and enforcement to personal financial information and education.
Keeping foreign currency balances with the Bank count towards the HQLA. Almost all of foreign currency excess liquidity would be reckoned towards balanced held for the maintenance of the LCR. We conducted a survey among banks as to why they were keeping rupee excess balances and the results showed that a sizeable part was being held by them voluntarily as a precaution.