In so doing, they highlight a number of unresolved issues, for example that in a monetary union of 17 otherwise sovereign states, a credit or transfer across Member States is viewed differently from a credit or transfer within an individual Member State. The equivalent of Target balances, for example, is a non-issue in the United States.
But information must be available to provide assessment on the risk profile. The Central Bank of Kenya will therefore continue with its efforts to enhance risk management in banks. This drive will be supplemented by initiatives to scale-up surveillance at the system-wide level.