Transcription of FINANCIAL REGULATION AND SUPERVISION IN ZIMBABWE: …
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FINANCIAL REGULATION AND SUPERVISION IN ZIMBABWE: …
I FINANCIAL REGULATION AND SUPERVISION IN zimbabwe : AN EVALUATION OF ADEQUACY AND OPTIONS John Nhavira Evengelista Mudzonga Everisto Mugocha ZEPARU Working Paper Series ii Contents executive summary .. v 1. INTRODUCTION AND BACKGROUND .. 1 A brief history of the zimbabwe FINANCIAL system .. 4 Economic Structural Adjustment Programme .. 4 Conglomerates .. 5 Innovation .. 6 Offshore Accounts .. 6 Structure of the paper .. 9 2. zimbabwe S FINANCIAL REGULATORY AND SUPERVISORY SYSTEM .. 10 Ministry of 10 Reserve Bank of zimbabwe .. 10 The Deposit Protection Corporation .. 11 The Securities Commission .. 11 The Insurance and Pensions 12 3. RATIONALE FOR FINANCIAL 12 Role of the Bank for International Settlement (BIS).
EXECUTIVE SUMMARY The purpose of this working paper is to critically review the financial regulation and its supervisory architecture in Zimbabwe and settle the question of whether it is still relevant and appropriate for Zimbabwe. In this regard the study is focused on systemic, prudential and market conduct regulation.
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