We will, after all, be talking about nothing less than innovation in the financial industry – a subject which, by its very definition, cannot be boring. Innovation basically boils down to the introduction of something new. But is that all there is to it?
The safety and soundness of financial institutions aims to ultimately ensure that the consumers receive the financial services and financial promises that are due to them from these institutions. 2  BIS Review 47/2010  Turning now to Fiji The global financial crisis did not directly affect Fiji’s financial system and financial institutions.