Ben S Bernanke: Celebrating 20 years of the Bank of Mexico’s independence Remarks by Mr Ben S Bernanke, Chairman of the Board of Governors of the US Federal Reserve System, at the “Central bank independence – progress and challenges”, a conference sponsored by the Bank of Mexico, Mexico City, (via prerecorded video), 14 October 2013.
To give a practical example, one can only imagine how one would feel if details of one’s personal bank account were to be given out to a third party without the account holder’s express permission. Likewise, Bank of Uganda, as banker to Government and to commercial banks is bound by the confidentiality and trust that exists between a bank and its customers.