Teacher: Student

Conclusion
To summarize, bank regulation and supervision play a vital role in the financial system. It promotes bank soundness to safeguard depositors, promotes economic efficiency in financial intermediation, and ensures that banks adhere to monetary policy initiatives, among other things. The average person, as is widely known, does not have the ability to determine a bank's health. It takes specialist knowledge and thorough information to establish whether or not a bank is healthy. The majority of countries have a bank supervision authority for this reason. Its role is largely the same, whether it is a department of the central bank, a ministry of finance, or an independent agency: to ensure the soundness of the banking system.

1^ https://en.wikipedia.org/wiki/Bank_regulation