ARTICLE 7
THE LEGAL AND OPERATIONAL FRAMEWORKS
State Parties shall harmonize the legal and operational frameworks of their
respective Central Banks as set out in Annex 5.
ARTICLE 8
PAYMENTS, CLEARING AND SETILEMENT SYSTEMS
State Parties shall ensure co-operation amongst their respective Central
Banks in relation to payments, clearing and settlement systems as set out in
Annex6.
ARTICLE 9
CO-OPERATION IN THE AREA OF INFORMATION AND
COMMUNICATION TECHNOLOGY
State Parties shall ensure co-ordination and co-operation amongst their
respective Central Banks in relation to operations in the area of information
and communication technology as set out in Annex 7.
ARTICLE 10
CO-OPERATION BETWEEN BANKING SUPERVISORS
State Parties shall facilitate co-operation between (amongst) regional banking
supervisors and the harmonization of banking supervisory standards and
practices as set out in Annex 8.
CHAPTER SIX
NETWORK OF DFis
ARTICLE 11
FACILITATION OF ACTIVITIES OF DFis
In order to increase effectively cross border flows of finance for projects, State
Parties agree to establish a Development Finance Institutions Network and to
facilitate the activities of their respective Development Finance Institutions and
to ensure co-operation between these Development Finance Institutions as set
out in Annex 9.
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