Mission
To develop a sound, dynamic and innovative financial system
in Brunei Darussalam.
Objectives
- Nurturing the sense of responsibility towards public
- To develop a sound, dynamic and innovative financial
system
- To create employment opportunities in financial
sector
- To maintain a stable financial position
- To actively involve in international and regional
financial activities
- To upgrade the professionalism in the financial
sector
Functions
- Licensing and supervision
- Supervision and administration of relevant acts
- Nurturing financial discipline
- Formulation and implementation of guidelines and
policies pertaining to financial sector
- Supervision and inspection of financial institutions
- Planning and implementation of human resources
development in Financial Institutions Division
- Development of International Offshore Financial
Centre
- Development of Government Bonds
- Regional and International Cooperation :
- International Monetary Fund
- World Bank
- BIMP-EAGA Working Group for Capitalisation and
financial services
Responsibilities
To administer Banking Act Cap. 95, Emergency
(Islamic Bank) Order, 1992 and Emergency (Islamic Trust Fund), Order 1991
- To administer Finance Companies Act Cap. 89,
Emergency (Finance Companies Act) (amendment) Order, 1995 and Companies Act Cap. 39
- To administer Currency Act Cap. 32 (including
Foreign Exchange Control Act Cap. 141)
- To administer Emergency (Money Changer and
Remittance Businesses) Order, 1994
- Insurance (Motor Vehicles Third Party Risks Act Cap.
90) and Takaful
- To assist in Policy Formulation and Monetary Policy
Planning
- To liase with Brunei Currency Board on
administration matters
