Overseeing who operates banks and how they are operated is called

Question

Quizplus · Accepted Answer

Prudential supervision is the process of overseeing banks and financial institutions to ensure that they are operating soundly and in compliance with regulations. It involves monitoring their financial health, risk management practices, and compliance with laws and regulations. Hazard insurance, regulatory interference, and loan loss reserves are not directly related to overseeing banks and financial institutions.

Overseeing Who Operates Banks and How They Are Operated Is