Application of Act 179 2. (1) This Act shall be read together with the Companies Act, 1963 (Act 179) and shall not except as otherwise provided in this Act derogate from the provisions of that Act. (2) Where there is a conflict or inconsistency between the Companies Act, 1963 (Act 179) and this Act, this Act shall prevail. Role of the Bank of Ghana 3. (1) The Bank of Ghana shall have overall supervisory and regulatory authority in all matters relating to deposit-taking business. (2) For the purpose of subsection (1), the Bank of Ghana is responsible for (a) promoting the safety and soundness of banks and specialised deposit-taking institutions; (b) considering and proposing reforms of enactments relating to deposit-taking business; (e) ensuring the soundness and stability of the financial system and the protection of depositors in the country through the regulation and supervision of financial institutions; (d) developing appropriate consumer protection measures to ensure that the interests of clients of the banks and the specialised deposit-taking institutions are adequately protected; and