Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to operate in accordance with these laws and guidelines, but many suggest this is not happening.[1]
^"THE BANK OF SOUTH SUDAN IS RAPIDLY FACILITATING THE COLLAPSE OF COMMERCIAL BANKS IN SOUTH SUDAN". Nyamilipedia. Retrieved 29 November 2017.
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