Our Community Affairs and Public Information Offices have recently embarked on a national initiative to highlight the importance of financial literacy and heighten the visibility of economic education programs. Here, for example, staff members of the Pittsburgh Branch of the Cleveland Bank are working with officials of the Pittsburgh Community Reinvestment Group to host a December workshop on preventing predatory lending.
2.3  Infrastructural and regulatory developments  Regulatory reforms currently in the process of being investigated or implemented that would enhance the robustness of the financial regulatory environment in South Africa include: •  progress made with the implementation of a twin peaks model of financial regulation in South Africa;  •  enhanced standards for bank capital and liquidity through the implementation of Basel III;  •  the development of legislation for risk-based supervision of insurance groups;  •  the strengthening of resolution regimes;  •  resolution planning for systemically important financial institutions.