You are on page 1of 8

PRESENTATION ON

FINANCIAL INSTITUTIONS SUPERVISION DIVISION ROYAL MONETARY AUTHORITY

Financial Literacy Education Program

OUTLINE
Overview of Bhutanese Financial Sector Background on RMA Role of FISD Recent Financial Sector Development

Financial Literacy Education Program

OVERVIEW OF BHUTANESE FINANCIAL SECTOR


Evolved in 1960s Financial players Glimpse on Deposit & Credit Capital Market Vs. Bank Lending

3 3

Financial Literacy Education Program

BACKGROUND & ROLE OF RMA


Established in 1982 Functions of RMA Organization Structure

Financial Literacy Education Program

ROLE OF FISD

What do we do?

Regulate and Supervise

How do we do?
Promulgate legislations - RMA Act 1982, FIA 1992, PR 2002 and other regulations Inspections

Why do we do?
Protect Public and Stakeholders Maintain sound and stable financial sector Financial sector development

5 5

Financial Literacy Education Program

RECENT DEVELOPMENTS
Regulation draft FSA, Insurance Regulation, Securities Regulation, PR 2002 amendments, Regulations for new FSPs, etc. Licensed new FSPs Establishment of CIB & BCH Projects in pipeline- EFTCS & ADB FSDP Customer Compliant

6 6

Financial Literacy Education Program

TASHI DELEK!
For more info visit: www.rma.org.bt
Financial Literacy Education Program
7

ORGANIZATION STRUCTURE

Financial Literacy Education Program