Poor regulation and supervision of banks can lead to bank failure, subsequent loss to stakeholders such as depositors and creditors as well as compromising the integrity of the financial system.

Using a failed bank in Zambia from the 1990's as a case study discuss how poor regulation and supervision may have contributed to the failure of the bank selected as a case study. Also explain what changes were made to the regulatory system at that time to avert the collapse of other banks

The discussion must highlight what aspects of regulation were not implemented or did not exist resulting in the failure of the bank adopted as a case study as well as the actual laws or provisions that were subsequently adopted to deal with those shortcomings