Pakistan's plans consolidated supervision

Pakistan's central bank is moving towards a consolidated supervision system, said Shamshad Akhtar, the governor of the State Bank of Pakistan, in a speech detailing a ten-year strategy for the financial sector.

The governor said that with commercial banks with other non-bank financial institutions, the current regulatory architecture can leave some parts of the same institution under-regulated.

Consolidated supervision in Pakistan can be best achieved by ensuring that all deposit and lending

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