At the same time, ECB made it clear that it is committed to its goal of price stability. The present – not quite there yet So these are the measures that were taken. But where have they taken us? I think everyone would agree that they have taken us into uncharted territory.
Various changes and upgrades to the SAMOS framework have been implemented since 1998, including facilities for the South African financial markets to conform to international best practice with the introduction of the principle of delivery versus payment (DVP) for settlement of equity, bond and other financial market transactions. The second milestone was reached with the promulgation of the NPS Act in October 1998.