In this regard, appropriate provisions are required to cease or limit government recourse to central bank financing through amendments in the SBP Act and the FRDL Act 2005. 4. Another issue is to make a clear distinction between exchange rate management and monetary management.
And one last example: the supervisory fees are also based on the principle of proportionality, rightly taking into account the significance, the size and riskiness of the respective institution. Of this year’s fees, around 88% are allotted to the 129 institutions directly supervised by the ECB, 12% to 3,200 smaller banks.