Address the following issues in relation to the Canadian banking system.
A. Regulatory and legal aspects.
Development of banking laws and regulation in your country.
The quality of regulation. The role of government in the regulation of banking.
Various regulatory organisation and their working in the country.
Discussion on some of the important pieces of laws developed on banking.
B. Role of central bank and its relationship with the government.
The relation between government and central bank in the country.
Is the central bank independent or controlled by the government?
How the central bank regulates banks and participate and set the monetary policy, payment system, banking regulation?
Relation of central bank with supra- national organisations like IMF, World Bank, BIS.
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