Prudential Supervision

This process entails evaluating the state and performance of prudentially regulated financial institutions, focusing on criteria such as capital adequacy, solvency, liquidity, and asset quality. The monitoring of compliance with these criteria is conducted through a dual methodology, comprising offsite surveillance and onsite examinations.

The supervisory approach is a blend of compliance and risk-based strategies. The Registrar has embraced a risk-based approach for the banking sector, a hybrid approach combining compliance and risk-based strategies for the insurance sector, and a predominantly compliance-based approach for the remaining sectors.