Intermediaries are required to assess fully all the risks of their clients’ investment decisions and present them clearly. 4. The discipline of accounting is undergoing far-reaching review at the moment in response to the demand for standardization stemming from the growing international openness of our economies.
Consequent upon the threat of high inflation being reduced, BoU reduced CBR 11.5 in December 2013 and further to 11 percent in June 2014. The annual core inflation rate has fallen in 2014 but is forecast to edge over 5 percent over the next 12 months due to exchange rate depreciation which has occurred in 2014 and early 2015 due to domestic demand.