"capital market"
means a market where capital funds, debt
or equities and any other financial
instrument are traded
"CCBG"
means the Committee of Central Bank
Governors in SADC;
"Central Bank"
means, in relation to a State Party, the
central bank of that State Party;
"Committee of Ministers
responsible for Finance and
Investment"
means the Committee of Ministers
for policy development and policy making
for finance and investment matters, or such
similar body as the Council may establish;
"Committee of Senior
Treasury
means the technical advisory body to the
Committee of Ministers for Finance and
Investment
consisting of Heads of Treasuries;
Officials"
"DFis"
means, in relation to a State Party, those
financial institutions which are designated,
or classified, as "Development Finance
Institutions" by that State Party;
"financial markets"
means markets for the exchange of capital
and credit in the economy;
"Protocol"
means this SADC Protocol on Finance and
Investment including its annexes;
"State Party"
means a Member State that has ratified or
acceded to this Protocol; and
"RISDP"
means the Regional Indicative Strategic
Development Plan.
ARTICLE 2
OBJECTIVES
1.
This Protocol seeks to foster harmonisation of the financial and
investment policies of the State Parties in order to make them
consistent with objectives of SADC and ensure that any changes to
financial and investment policies in one State Party do not necessitate
undesirable adjustments in other State Parties.
2.
The objective referred to in paragraph 1 shall be achieved through
facilitation of regional integration, co-operation and co-ordination within
finance and investment sectors with the aim of diversifying and
expanding the productive sectors of the economy, and enhancing trade
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