ARTICLE 7 THE LEGAL AND OPERATIONAL FRAMEWORKS State Parties shall harmonize the legal and operational frameworks of their respective Central Banks as set out in Annex 5. ARTICLE 8 PAYMENTS, CLEARING AND SETILEMENT SYSTEMS State Parties shall ensure co-operation amongst their respective Central Banks in relation to payments, clearing and settlement systems as set out in Annex6. ARTICLE 9 CO-OPERATION IN THE AREA OF INFORMATION AND COMMUNICATION TECHNOLOGY State Parties shall ensure co-ordination and co-operation amongst their respective Central Banks in relation to operations in the area of information and communication technology as set out in Annex 7. ARTICLE 10 CO-OPERATION BETWEEN BANKING SUPERVISORS State Parties shall facilitate co-operation between (amongst) regional banking supervisors and the harmonization of banking supervisory standards and practices as set out in Annex 8. CHAPTER SIX NETWORK OF DFis ARTICLE 11 FACILITATION OF ACTIVITIES OF DFis In order to increase effectively cross border flows of finance for projects, State Parties agree to establish a Development Finance Institutions Network and to facilitate the activities of their respective Development Finance Institutions and to ensure co-operation between these Development Finance Institutions as set out in Annex 9. 18

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