Accordingly, we are disclosing on our public website summaries of all communications with members of the public – including banks, trade associations, consumer groups, and academics – regarding matters subject to a proposed or potential future rulemaking under the act.
To ensure financial sector stability, the Central Bank provides prudential guidelines and other regulations to guide the operations of the banks and micro finance institutions to provide proper functioning and orderly exit. The Bank is also charged with the responsibility to promote an efficient and effective payment, clearing and settlement system. This facilitates the proper working of the financial sector and stable payments systems.