The implementation of the new Reserve Bank Act will enable us to be fit for purpose and to undertake the considerable transformation that will allow us to continue to effectively and consistently deliver on our mandate.
Other major legislative changes are also underway which will strengthen our prudential regulation and supervisory powers:   The Deposit Takers Act will modernise, strengthen, and unify our regulatory framework for all deposit-takers;    The review of the Insurance (Prudential Supervision) Act (IPSA).