Synthetic Financial CentreImplementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returnsComprehensive review and overhaul of the regulatory framework for the distribution of funeral insuranceNew reporting requirements and supervision.Modernise forex system for trade and investment to align with OECD code of liberalisationReplace all previous operational risk capital approaches (advanced measurement approach and three standardised approaches) with a single, risk-sensitive standardised approach for all banksCapital flows management framework review; fostering business growth and promoting investment in the region.Risk-based supervision and capital adequacy reforms through enhanced monitoring, stress testing and reportingStrengthening liquidity support for banks through enhanced assessment and support mechanismsMove to new benchmark rate for money markets by phasing out JIBAR benchmark rate.