Page 66 - SARB Strategic Plan 2020-2025

How we deliver on our strategy (1/8)
The executive portfolio of strategic initiatives: core business
SFA
Project
Prior period
We are here
Publication of responses comments on on on the Specification Paper
Q1
Strategy Horizon
April 2020 – March 2021
April 2021
– March 2022
Objective
Strategic initiative April 2022
– Q2
Implementation of Implement SFA
1 Maximise monetary policy effectiveness
Reform of interest rate benchmarks in in South Africa
Monetary policy implementation framework
(MPIF)
Implementation of revised Jibar Code and operating rules
Reformed MPIF consultation paper
published
* End date changed due to added programme scope – served at to ESD Renewal Programme
Six C forms and and and B03 B12 B16 B19 go-live go-live – BI and and and web web B30 and and and B31 go-live go-live – web web only
A&N upgrade
Security I I I & II Enhance the safety and efficiency of the payment system
NPS regulatory reforms (complete and roll out the NPS Amendment Act)
Submitted input to National Treasury
National Treasury
process
Submit amendments to Parliament SFA
2 Modernisation of the national payment system
(RTGS)
CODI (establish the DIS for South Africa)
Deliver current infrastructure sustainability and changes to to the messaging layer including translation solution linked to to current RTGS Deliver (TOM) select Enhance the framework
for managing financial instability including systemic events
Business and solution architecture RFP completed
Data specification CODI Develop and maintain frameworks for systemic risk identification monitoring and mitigation
Integrated strategic technology platform programme Solution Data-sharing 64
DSP implementation