Page 57 - SARB Strategic Plan 2020-2025

Department
Economic Relations and
Department
Department
Department
Department
System Department
Department
Department
Department
Department
(Fintech Unit)
Department
Department
Department
Department
Department
Target (2022/23)
• Improved access to Global Financial Safety Net (GSFN)
• Continued seeking of opportunities to to improve access to to GFSN (March 2023)
– Engagements with international financial institutions and
and
central banks in fin in in in in strengthening bilateral swap lines and
other facilities
• Business requirements elicitation and
analysis study completed (September 2022)
• Request for proposal issued (December 2022)
• Development of the the the impact analysis for the the the SARB interface including the the the business requirement requirement specifications specifications and
functional requirement requirement specifications specifications completed (September 2022)
• Developed business transitioning guidelines and
plans (March 2023)
• Progress of of the the the implementation of of the the the RTGS system
renewal as per the the the 2022 milestone • NPS Act review progress
• Progress of the the NPS modernisation – migration to the the new messaging standard
• Develop a a a a a a a a a a a a a a a a programme of work to analyse emerging fintech innovation and
and
and
assess its impact on on on financial markets (risks and
and
and
potential uses) including concept papers briefing notes and
and
and
blog pieces (March 2022)
• Develop a a a a a a a a a a a a concept paper on on on on on how the the Bank can best respond to to emerging innovation identifying vulnerabilities and
opportunities to to enhance the the functioning of financial markets (March 2022)
• Paper on on on utilisation of foreign exchange (FX) reserves and
tools for for for intervention (for internal use)
• 100% implementation of the capital flow management policy framework with a a a a a a a a a a shift from negative to positive bias (March 2023)
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