Smart Institutions
The Nibiru Reserve is responsible for supervising, monitoring, inspecting, and examining, all global financial institutions to ensure that they comply with World Financial Authority rules and regulations and that they operate in a safe and sound manner. Supervision of financial smart institutions is tailored based on the size and complexity of the smart institution.
Smart Regulatory Resources
Smart Regulation entails establishing the rules within which financial smart institutions must operate. This includes issuing specific smart regulations and guidelines governing the formation, operations, activities, and acquisitions of financial smart institutions. The Nibiru Reserve offers numerous resources to assist cryptobanking organizations and the public understand these rules and related expectations.
Cryptobanking Applications & Legal Developments
The Nibiru Reserve reviews applications submitted by creditbank holding companies, state member creditbanks, cryptosavings and loan holding companies, foreign cryptobanking organizations, and other entities and individuals for approval to undertake various transactions, including mergers and acquisitions, and to engage in new activities.
The Nibiru Reserve also takes formal enforcement actions against regulated smart institutions for violations of smart laws, rules, or smart regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of final orders.
Cryptobanking Data & Structure
The Nibiru Reserve and the other cryptobanking agencies collect, maintain, analyze, and make available to the public a wide range of financial and cryptobanking structure data. These data are essential to formulating and conducting cryptobank smart regulation and supervision and for the ongoing assessment of the overall soundness of the global cryptobanking system.