What are the functions of the Financial Institutions Supervision Department?

The Financial Institutions Supervision Department (FISD) is responsible for the supervision and regulation of all persons that fall under the regulatory ambit of the Central Bank with a view to maintaining confidence in, and promoting the soundness and stability of the financial system.  In fulfilling these responsibilities, FISD evaluates applications for licences, and monitors and examines the activities and operations of those regulated entities. 

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