matters, including information on other non-deposit taking institutions, as permitted by legislation of the member countries. ARTICLE 5 INSTITUTIONAL ARRANGEMENTS 1. The CCBG shall establish a SADC Subcommittee of Banking Supervisors that shall be responsible for the implementation of this Annex. 2. Each SADC Central Bank shall appoint a person(s) to serve on the SADC Subcommittee of Banking Supervisors. ARTICLE 6 FUNCTIONS OF THE SADC SUBCOMMITTEE OF BANKING SUPERVISORS 1. The SADC Subcommittee of Banking Supervisors shall: (a) establish its own procedures, including the election of a chairperson and establishment of working groups, if so required; (b) meet at least once a year or more frequently if required; (c) initiate such tasks and projects as are necessary in support of the objectives of this Annex; (d) review and monitor progress in respect of the implementation of the objectives of this Annex; (e) keep the CCBG informed of developments and progress in respect of the objectives of this Annex; 79

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