The organisation consists of two component entities – the Central Bank and the Financial Regulator – each with its own particular responsibilities. The roles are complementary and we enjoy the closest cooperation. The Central Bank’s responsibilities for financial stability relate to the surveillance of the strengths and vulnerabilities of the overall  BIS Review 13/2008  1  economy and financial system.
The Financial Regulator’s remit includes surveillance of the financial soundness of individual institutions. Both approaches are necessary for a comprehensive assessment of financial stability and our organisational structure facilitates the seamless sharing of expertise.