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WebPrinciple 1: Legal, Regulatory and Supervisory Framework Financial consumer protection should be an integral part of the legal, regulatory and supervisory framework and should reflect the diversity of national circumstances and global market and regulatory developments within the financial sector. WebDec 18, 2024 · Supervision of large financial institutions is designed to: (i) enhance the resiliency of these firms, in order to lower probability of failure or inability to serve as a financial intermediary, and (ii) to reduce the impact on the financial system and the broader economy in the event of a firm's failure or material weakness. WebThis framework provides an organisational guide to best practice in the areas of peer workforce recruitment, training, supervision, integration and evaluation. It is informed by … how to take foot odor out of shoes