STATE
BANK OF PAKISTAN
Slide 14
X. Strengthening
Regulatory and Supervisory Capacity
•Legal and operational autonomy of SBP enshrined in constitution
•SECP made the sole regulator for non-bank finance companies
•SBP and SECP have developed management structure, technical expertise, technology and enforcement capacity
compatible with international best
practices
•SBP’s core central banking function of monetary policy, banking regulation and supervision, foreign exchange management separated from the retail and ancillary
functions
FINANCIAL SECTOR REFORMS
