Part 5Financial and accountability matters
Other accountability statements and reports: Statements of prudential policy
253Purposes of statements of prudential policy
The purposes of statements of prudential policy are to—
- provide transparency about how the Bank acts, or proposes to act, when performing the function under section 10(1)(b) (which relates to acting as a prudential regulator and supervisor under the prudential legislation); and
- promote public awareness and understanding of the Bank’s activities and operations under the prudential legislation.