A number of organisational changes were made in 2006 to help departments respond to changing priorities. The Support Services Division was transferred from the Monetary Management and Infrastructure Department to the Strategy and Risk Department in March. The Banking Development Department was reorganised in November into three new divisions:
• the Deposit Protection Scheme Division, which supports the
Deposit Protection Board and includes the Settlement Section
• the Securities Enforcement Division, which also includes the Complaints Handling Section
• the Payment Systems Oversight & Licensing Division, which includes the Licensing Section that handles AIs' licensing matters.
In January 2007 the responsibilities for anti-money-laundering and counter-terrorist-financing matters of the Banking Policy Department and the Banking Supervision Department were brought together under a new division in the Banking Policy Department. The new division also took over consumer issues previously under the Banking Development Department. The Administration Section was transferred from the Finance & Administration Division to the Corporate Development Division. The Finance & Administration Division was therefore renamed the Finance Division. |
