(d) in co-operation with the Development Finance Resource Centre, develop a common approach between and among DFis to Enterprise-wide Risk Management based upon best international practices, including a Capital Adequacy framework for the sound risk management of the respective DFis; (e) foster exchange between and among DFis of appropriate technologies. ARTICLE 8 THE DEVELOPMENT FINANCE RESOURCE CENTRE 1. State Parties agree that consistent with Council decision of 2002 there is hereby recognised, under the principle of subsidiarity, the Development Finance Resource Centre as a SADC institution for purposes of supporting the capacity building and other initiatives of the Network. 2. State Parties agree that the mission of the Development Finance Resource Centre will be to act as a catalyst for sustainable development within the Network in order to improve investments into, and enhance the prosperity of the Region. State Parties agree that in carrying out its functions the core responsibilities of the DFRC will be to: 3. (a) effect capacity building and training of managers and staff of DFis; (b) support the strengthening of DFis in all sectors of their respective activities; (c) offer a policy research and analysis capability for the Region; (d) facilitate the mobilisation and sharing of information through a central hub for ICT (as defined in Annex 7); (e) engage in confidence-building measures within the Region for purposes of supporting Investments; (f) offer advisory services to the governments of State Parties and to DFis in respect of development resources and financial services; (g) identify and promote opportunities for co-operation and coordination in development finance in the Region; State Parties agree that participation in the DFRC will be open to all DFis in the Network. The members of the Board of the Development Finance Resource Centre will be drawn from the CEOs and senior management of DFis and such other external partners (including private sector and international partners) as may be required. 92