Bewaji, Phebian N.2018-10-242018-10-242013-03Bewaji, P.N, (2013). Protecting the whole - a review. Economic and Financial Review. 51(1), 121-1291957 - 2968http://repo.cbn.gov.ng/jspui/handle/123456789/494The article discussed some shortcomings of traditional regulation and promoted the need for a broader and systemic approach to financial system stability using both traditional (micro-prudential) and nontraditional (macroprudential) policies. The paper further discussed the elements of macroprudential policy and tools used to mitigate risks and vulnerabilities in the financial system. A summary of the article is presented in section II and comments are highlighted in section Ill.Macroprudential policyMicro-prudential policyFinancial system stabilityArticle