Engagement Regulatory cooperation has long been essential to financial stability—not only because it fosters consistency in global rules, but also because it fosters trust.
Mr. Chairman, to further strengthen our supervisory function, the Bank of Ghana has also initiated action toward the revision and consolidation of the existing laws that govern the Banking and Non-Bank Financial Institutions. It is envisaged that these initiatives would remove any potential vulnerabilities in the banking landscape to ensure a safe and sound banking practices across the industry. 19.