Risk Based Supervision: Why it’s important

Financial regulators globally previously utilised traditional supervisory approaches to market regulation which focused on a Rules-Based System of control. This approach also known as Principles or Compliance-Based Supervision, is “a method of regulation which involves checking for and enforcing compliance with rules – legislation, regulations or policies – that apply to an entity” (as defined by the Financial Services Commission of Barbados).


Read more here—> Risk Based Supervision



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