Role of regulator is changing - Sri Lankan deputy

Ranee Jayamaha, the deputy governor of the Central Bank of Sri Lanka, has said that regulators should take a more principles-based and risk focused approach towards rule making.

Jayamaha also said that regulators should talk to a broader audience about changes to supervision in order to better achieve public policy objectives: "Prior to introducing a new regulatory regime, I think it is advisable to articulate it not only to the industry, but also to the general public and generate an open

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