The CBK remains committed to further strengthen this partnership, through continuous communication and harmonization of policies, so that they are more effective in supporting the recovery and development of the country's economy.
These new responsibilities are grafted onto the payment system oversight powers of the Bank under Article 146 of the Consolidated Law on Banking, which the PSD transposition decree amends to make user protection an express objective along with the traditional ones of efficiency and reliability; the regulatory and control powers that the Bank needs to perform this function effectively are specified.