Caroline Abel: Core Elements of Banking Supervision Closing remarks by Ms Caroline Abel, Governor of Central Bank of Seychelles, at the seminar on “Core Elements of Banking Supervision” by the International Monetary Fund (IMF) Monetary and Capital Markets Department (MCM) and the Africa Training Institute (ATI), virtual, 11 February 2022.
Normally, we have to have three sets of action plans; immediate or short-term, medium-term and longterm. Traditionally for us, short-term meant one year, medium-term five years, and long-term perspective planning meant 10-15 years. But after listening to Dr Bhatkar, the feeling is that shortterm is one year or less, medium-term is one-and-a-half years and long-term is two to two-and-a-half years.