CHAPTER SEVEN CO-OPERATION IN REGIONAL CAPITAL AND FINANCIAL MARKETS ARTICLE 12 REGULATION AND SUPERVISION OF NON-BANKING FINANCIAL SERVICES State Parties shall harmonize the regulation of non-banking financial institutions and shall facilitate co-operation between the respective regulators and supervisors of such institutions as set out in Annex 10. ARTICLE 13 DEVELOPMENT OF CAPITAL AND FINANCIAL MARKETS State Parties shall co-operate in developing and strengthening national capital and financial markets with the intention of creating a regional capital and financial market as set out in Annexes 10 and 11. ARTICLE 14 CO-OPERATION AMONG MEMBER STOCK EXCHANGES State Parties shall facilitate co-operation between their respective stock exchanges as set out in Annex 11. • CHAPTER EIGHT ANTI-MONEY LAUNDERING ARTICLE 15 CO-OPERATION WITH REGARD TO ANTI- MONEY LAUNDERING State Parties shall co-operate with regard to anti-money laundering. CHAPTER NINE PROJECT PREPARATION AND DEVELOPMENT FUND ARTICLE 16 DEVELOPMENT OF A SADC PROJECT PREPARATION AND DEVELOPMENT FUND State Parties agree to establish a Project Preparation and Development Fund to finance the preparation and development of projects by way of providing technical assistance towards project identification, project selection and feasibility studies and to participate in the financing of selected projects. 19