Page 27 - SARB Strategic Plan 2020-2025
P. 27
To achieve its mission and vision the Bank has developed a a a a a a a a a strategic strategic plan plan This strategic strategic plan plan is is is is illustrated through the the the strategy
map
map
below The map
map
presents the the the relationship between the the the SFAs and the the the strategic objectives in the the the delivery of the the the Bank’s mandate It is is is a a a a a a a a a simple standardised and and and visually powerful way of communicating the the strategy
across the the Bank on on one page and financial stability
SFA 3
Promote and and enhance the safety soundness and and integrity of regulated financial institutions and market infrastructures
SFA 4
Enhance South Africa’s resilience to external shocks
SFA 5
Ensure the cost-effective availability and integrity of the currency
• Enhance risk-based outcomes- focused and forward-looking supervision
• Implement integrated and proportionate regulatory and supervisory frameworks
• Improve regulatory coverage
• Improve monitoring reporting and surveillance of cross-border transactions
• Improve the monitoring of existing and emerging vulnerabilities
• Enhance the functioning of South Africa’s financial system • Enhance the macroeconomic and macroprudential toolkit
• Optimise the currency
supply chain
• Enhance the quality of banknotes and coin
Improve transparency and and accountability through stakeholder engagement and and communication Coordinate policymaking and and and implementation understand impact balance trade-offs and and and house views Optimise integrate and and leverage information and and technology solutions
Improve strategy
execution and internal efficiency Attract develop and and and retain critical skills and and and competencies and and and embed the Bank’s culture
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