<p>Functions of Bangladesh Bank:<br />BB performs all the core functions of a typical monetary and financial sector regulator, and a number of other non core functions. The major functional areas include :<br />- Formulation and implementation of monetary and credit policies.<br />- Regulation and supervision of banks and non-bank financial institutions, promotion and development of domestic financial markets.<br />- Management of the country's international reserves.<br />- Issuance of currency notes.<br />- Regulation and supervision of the payment system.<br />- Acting as banker to the government.<br />- Money Laundering Prevention.<br />- Collection and furnishing of credit information.<br />- Implementation of the Foreign exchange regulation Act.<br />- Managing a Deposit Insurance Scheme.<br />Source: BB website.</p>
