The Central Bank now has powers to issue rules, regulations, directives and prudential standards and to take timely interventions to ensure that bad governance and unacceptable management practices are deterred. The new standard on Corporate Governance was drafted as a result of various onsite prudential reviews conducted by the Bank since the financial sector reform in 2000.
Recent research by Central Bank staff has noted that net inward migration growth will be the most important source of employment growth in the short to medium term.20 ***  Sensitivities to the global economy and structural vulnerabilities While there are many benefits from being a small, open highly globalised economy, it brings vulnerabilities and risks.