(a) promote in each banking Member State, an efficient and effective regulatory and supervisory system based on internationally accepted principles; (b) establish a regional banking regulatory and supervisory strategy; (c) promote the identification, measurement and management of banking risks, including systemic risks; and (d) promote harmonization of banking regulatory and supervisory matters, policies, practices, rules and procedures across the Region. ARTICLE 3 SCOPE 1. This Annex deals with issues relating to banking regulation and supervision within each State Party, as well as to the region as a whole.. 2. Nothing in this Annex prevents or restricts any State Party from advancing further than can be achieved by all State Parties together. ARTICLE 4 AREAS AND NATURE OF CO-OPERATION AND CO-ORDINATION 1. In order to achieve the objective of this Annex, SADC Central Banks shall: (a) sensitise key stakeholders to banking regulatory and supervisory issues; (b) build banking regulatory and supervisory capacity; 77