An Act to provide for the regulation and supervision of financial service providers; provide for ownership and control of financial service providers; provide for the incorporation of standards, principles and concepts of environmental, social and corporate governance in systems and structures of financial service providers; provide for the resolution powers of the Bank in relation to a failed bank or financial institution; provide for innovative and inclusive financial services; provide for financial reporting and accountability of financial service providers; provide for market conduct and financial consumer protection mechanisms; provide for the winding up process for financial service providers; provide for monitoring compliance with anti-money laundering and countering of terrorism financing and proliferation financing among financial service providers; provide for the enforceability of close-out netting of transactions; repeal and replace the Banking and Financial Services Act, Cap. 387; repeal the Money-lenders Act, Cap. 398; and to provide for matters connected with, or incidental to, the foregoing.