(c) identify and measure banking risks and establish appropriate procedures for the management of such risks; (d) develop a legal framework that is supportive of modern banking regulatory and supervisory practices; (e) promote and maintain a domestic banking regulatory and supervisory strategy in line with international best practices; and (f) monitor and evaluate, on an ongoing basis, international banking regulatory and supervisory best practices and align domestic banking regulatory and supervisory developments thereto. 2. On a regional basis, the SADC Central Banks, through the SADC Subcommittee of Banking Supervisors, shall: (a) define and implement a regional banking regulatory and supervisory strategy, based on international standards; (b) identify and measure regional banking regulatory and supervisory risks and establish appropriate procedures for the management of such risks; (c) establish and maintain mutually beneficial relationships with international bodies such as the World Bank, the IMF, FATF, the BIS and non-SADC Central Banks; (d) keep abreast with modern practices in banking regulatory and supervisory matters, including depositor protection, anti-money laundering compliance and combating the financing of terrorism; and (e) share information regarding banking regulatory and supervisory 78