Regulatory Framework for Financial Institutions – a Zambian Perspective introduces, illustrates, and discusses the many aspects of financial institution regulation. The book is unique in that, it explains how the different segments of financial markets are regulated using Zambia as a case study. The book introduces theory on financial systems’ regulation and explains the various boundaries that exist within the financial system for the purpose of enforcing regulation. The book also looks at how money laundering and financial crime are prevented around the world.

1. Overview of the Financial System
   1. Introduction
   2. Structure of the Financial System
   3. Financial System Boundaries
   4. Revision Questions
2. Overview of Financial Institution Regulation
   1. Introduction
   2. The Priciples of Regulation
   3. Regulatory Structure
   4. Revision Questions
3. Central Bank Regulation
   1. Introduction
   2. Rationale ¢ Central Bank Regulation
   3. Central Banking Around the World
   4. Functions of Central Banks
   5. The Bank ¢ Zambia Act
   6. Revision Questions
4. Commercial Bank Regulation
   1. Introduction
   2. Overview of Commercial Banking
   3. Objectives of Commercial Bank Regulation
   4. Formation and Registration of Commercial Banks
   5. Prudential Supervision of Commercial Banks
   6. Taking Possession of Banks and Financial Institutions
   7. Insolvency Dissolution and Liquidation of Banks And Financial Institutions
   8. International Aspects of Commercial Bank Regulation
   9. Revision Questions
5. Insurance Industry Regulation
   1. Introduction
   2. Overview of the Insurance Industry
   3. The Legal Framework and Regulatory Body
   4. Formation and Registration Insurers
   5. Regulation of Management and Shareholding of Insurers
   6. Transfer of Insurance Business
   7. Winding Up of Insurers
   8. Revision Questions
6. Pension Fund Regulation
   1. Introduction
   2. Role of Pension Funds in an Economy
   3. Legal Framework for Pension Fund Regulation
   4. Registration of Pension Funds
   5. Prudential Regulation and Supervision of Pension Funds
   6. The Role of the Pension And Insurance Authority in the Regulation of Pension Funds
   7. Deregistration of Pension Funds
   8. Revision Questions
7. Regulation of Building Societies
   1. Introduction
   2. Overview of Building Societies
   3. Formation and Registration of Building Societies
   4. Regulation of Building Society Management
   5. Roles of the Registrar and Minister of Finance in the Regulation of Building Societies
   6. Winding-Up and Dissolution of Building Societies
   7. Revision Questions
8. Capital Market Regulation
   1. Introduction
   2. Overview of Capital Markets
   3. Objectives And Principles of Capital Market Regulation
   4. Legal Framework for Securities Markets Regulation
   5. Improper Trading Practices and the Compensation Fund
   6. The Roles of Institutions Involved in Securities Market Regulation
   7. Revision Questions
9. Money Laundering and Financial Crime Prevention
   1. Introduction
   2. Overview of Money Laundering and Financial Crime
   3. Prohibition and Prevention of Money Laundering Legislation
   4. Revision Questions