We have already finalized the rules on resolution planning and stress testing, and we are working diligently this year toward finalization of the remaining standards. On liquidity, we will also be implementing the Basel III quantitative liquidity requirements for large U.S. banking firms.
During the course of the Conference some of the presenters will focus on the different cash management systems employed by central banks. Another challenge, facing the industry, is the forecasting of the demand banknotes. It seems that there is no simple method to do this calculation. In South Africa, as in many other countries, the demand for currency is showing an increasing trend.