3.
(c)
report progress on all aspects of its work to the ICT Steering
Committee on a regular basis;
(d)
take such initiatives as may be considered appropriate by it to
build ICT skills within Central Banks and the Financial System
operators within the Region;
(e)
develop mutually beneficial liaisons with international bodies,
such as the World Bank, the BIS and the central banks of third
States.
The ICT Working Group:
(a)
meet at least twice a year to review progress in achieving the
objectives set out in Article 2;
(b)
provide such guidance functions to the ICT Programme Office as
are delegated to the ICT Working Group by the ICT Steering
Committee in terms of Article 5(5);
(c)
communicate and consult with the ICT Steering Committee, on a
regular basis, on all aspects of the work of the ICT Working
Group.
ARTICLE 7
CONSULlATIONS
1.
Central Banks shall, through the forum of the CCBG, consult with one
another in order to:
(a)
improve the operations and the implementation of the matters
contemplated in this Annex and to resolve any issues that may
arise in relation thereto; and
(b)
monitor and assess the achievement of the objectives set out in
Article 2.
3.
If any Central Bank wishes to consult with any other Central Bank on
any major issue arising under, or relating to, this Annex which does not
directly affect all of the Central Banks, that Central Bank may consult
with such other Central Bank but shall notify the remaining Central
Banks, in advance, of its intention to do so, and shall, as soon as
possible after the conclusion of such consultation, furnish the remaining
Central Banks with a report on the results of
such consultation.
4.
The Report to be furnished under paragraph 3 shall be laid by the
Central Bank issuing the Report before the ICT Steering Committee at
its following meeting.
74
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