South Africa – The South African Reserve Bank has approved the provision of a CLF and the utilisation of statutory cash reserves as part of HQLA for liquidity regulation purposes. South Africa has a limited availability of Level 1 HQLA and virtually no Level 2 assets that satisfy the Basel III criteria.
Anna Maria Tarantola: Financial literacy Concluding Remarks by Ms Anna Maria Tarantola, Deputy Director General of the Bank of Italy, at the OECD-Bank of Italy Symposium On Financial Literacy, Rome, 9 June 2010, Session: 17:30–18:00. *  *  *  Today more than ever, citizens need to be financially aware, to know the characteristics and risks of financial products, to choose correctly.