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Presentation on Financial Institutions Supervision Division Royal Monetary Authority

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. 2. Financial Literacy Education Program.

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Presentation on Financial Institutions Supervision Division Royal Monetary Authority

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  1. Presentation onFinancial Institutions Supervision DivisionRoyal Monetary Authority Financial Literacy Education Program

  2. Outline • Overview of Bhutanese Financial Sector • Background on RMA • Role of FISD • Recent Financial Sector Development 2 Financial Literacy Education Program

  3. Overview of Bhutanese Financial Sector • Evolved in 1960s • Financial players • Glimpse on Deposit & Credit • Capital Market Vs. Bank Lending 3 Financial Literacy Education Program Financial Literacy Education Program

  4. Background & Role of RMA • Established in 1982 • Functions of RMA • Organization Structure 4 Financial Literacy Education Program

  5. 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 Financial Literacy Education Program

  6. 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 Financial Literacy Education Program

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

  8. Organization Structure 8 Financial Literacy Education Program

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