The Bank of South Sudan is authorized to issue regulations and circulars to fulfill its responsibilities under the Bank of South Sudan Act, 2011, and other relevant laws.
These can take the form of:
- Informational circulars: Explaining or clarifying existing laws and regulations for regulated entities (e.g., banks) to ensure compliance.
- Policy guidelines: Indicating how the Bank intends to exercise its functions under the Act and how regulated entities should conduct business to meet those expectations.
- Prudential guidelines: Specifying business practices that could harm the financial stability of individual institutions or the entire financial system, which regulated entities should avoid.