The registrar, I gather, does nothing other than to just register credit unions. We have the Fiji Credit Union League (FCUL) that mainly provides training support for credit unions. The FCUL does not have any legislative backing and the credit unions basically run their operations unsupervised by any outside agency.
In response to new developments and changing risks, monetary policy continued to keep its focus on maintaining inflation comfortably within the target range and anchoring inflation expectations closer to the 4.5% midpoint of the inflation target band. It is a stable price environment which contributes towards broader macroeconomic stability and protects the purchasing power of all South Africans.