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The Bank is exclusively responsible for the supervision, regulation and licensing of financial entities in South Sudan in accordance with the Bank of South Sudan Act, 2011. 

In performing the supervisory functions assigned to it by this Act, the Bank shall be authorized, in particular to carry out the licensing of any regulated entities, including setting eligibility requirements for those wishing to engage in the business of regulated entities as authorized by relevant legislation;

Requirements for opening a bank in the republic of South Sudan