No data available for the deliverable: Strengthening liquidity support for banks through enhanced assessment and support mechanisms
Summary
The revised emergency liquidity assistance (ELA) framework introduces new internal guidance, improved assessment protocols and operational enhancements, with further legal alignment in progress.
View DetailsIs it working?
The system is effective, with readiness and coordination much improved. Legal alignment is expected to be finalised by 2027. The ELA framework is regularly tested and updated to ensure ongoing effectiveness.
Actions
The framework is operational and has improved the SARB’s crisis response capacity, though some legal formalisation is still pending.
Are there plans?
New guidance and operational improvements have been implemented, with regular reviews and coordination between the SARB, Prudential Authority and National Treasury.
Is it on the agenda?
The ELA framework is a standing SARB priority, with ongoing upgrades in response to IMF and FSAP recommendations.
Goals
To enhance the SARB’s ability to provide timely liquidity support to banks during periods of stress, safeguarding financial system stability.
Departments / Govt Institutions
Summary
The revised emergency liquidity assistance (ELA) framework introduces new internal guidance, improved assessment protocols and operational enhancements, with further legal alignment in progress.
View DetailsIs it working?
The system is effective, with readiness and coordination much improved. Legal alignment is expected to be finalised by 2027. The ELA framework is regularly tested and updated to ensure ongoing effectiveness.
Actions
The framework is operational and has improved the SARB’s crisis response capacity, though some legal formalisation is still pending.
Are there plans?
New guidance and operational improvements have been implemented, with regular reviews and coordination between the SARB, Prudential Authority and National Treasury.
Is it on the agenda?
The ELA framework is a standing SARB priority, with ongoing upgrades in response to IMF and FSAP recommendations.
Goals
To enhance the SARB’s ability to provide timely liquidity support to banks during periods of stress, safeguarding financial system stability.
Departments / Govt Institutions
No data available for the deliverable: Strengthening liquidity support for banks through enhanced assessment and support mechanisms
No data available for the deliverable: Strengthening liquidity support for banks through enhanced assessment and support mechanisms
No data available for the deliverable: Strengthening liquidity support for banks through enhanced assessment and support mechanisms
No data available for the deliverable: Strengthening liquidity support for banks through enhanced assessment and support mechanisms