Central Bank restructuring of Financial Regulation On the 1 September 2017, the Central Bank’s financial regulation function was split into two distinct pillars: prudential regulation and financial conduct.
BIS Review 52/2004  3  Conceptually, I think that the Financial Stability Forum represents a major advance because for the first time the international community stresses that issues, challenges and risks must be examined in a comprehensive and complete fashion, through all their systemic implications, whether analysed from the standpoint of the International Financial Institutions, or of supervision authorities, or from the financial stability perspective of central banks.