Continue to conduct anti-money laundering examination and expand examination scope to securities and insurance companies to encourage the “first protection line” function of financial institutions in anti-money laundering and terrorist financing. 5.
(i) The Reserve Bank is clear that financial stability, among other things, depends on market confidence which stems from investor / stakeholder confidence. This, in turn, is influenced by the quality of financial reporting. Our aim has been to ensure that banks make full and fair disclosure of all material information in their financial statements.