The Bank may, without prejudice to any other course of action

(a) order in writing that a non-bank financial institution take remedial action to comply with this Act or Regulations, notices or orders issued under this Act;

(b) issue directives regarding measures to be taken to improve the management, financial soundness or business methods of the non-bank financial institution; or

(c) require the directors or management of a non-bank financial institution to execute an agreement concerning its implementation of orders or directives issued by the Bank.