financial institutions reform

Financial institutions reform involves updating and strengthening the rules, regulations, and structures that oversee banks, credit unions, and other financial entities. The goal is to improve stability, prevent risky behavior that could lead to crises, and protect consumers. Reforms may include tighter oversight, enhanced transparency, and better risk management practices. These changes help ensure that financial institutions operate responsibly, reduce the likelihood of economic disruptions, and promote confidence in the financial system, ultimately supporting economic growth and stability for individuals and businesses alike.