One area where further consideration will have to be given is transactions to and from South Africa. At the time when Namibian payment systems become operational and Namibia no longer depends on South African payment systems, cross-border payments will have to be made on a correspondent  BIS Review 53/2004  3  banking relationship.
BIS Review 134/2010  1  environment, and in the build-up to the recent crisis, supported the growth of sub-prime related securitization with high ratings and surprisingly high nominal returns. Investors had either knowingly or unknowingly taken on large credit and liquidity risk. Such behavior had been amplified in the low interest rate environment where liquidity was plentiful.