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Financial Services Board > Departments > International and Local Affairs Unit :

About Us

Who we are

The primary objective of ILAU is to manage internal and external stakeholder relations by liaising with, inter alia, Financial Stability Board (Finstab), World Bank, Southern African Development Community (SADC), and other similar bodies, as well as to monitor local and international developments within the financial sector.

What we do

We provide secretariat and administrative services to the Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA), research and monitor local, regional and international developments relevant to the FSB work, co-ordinate and enhance bilateral or multilateral co-operation between the FSB, local and foreign regulatory authorities/supervisors through Memorandums of Understanding, co-ordinate the FSB’s interface with foreign regulatory authorities/supervisors and other relevant stakeholders, including but not limited to foreign requests, visits, peer reviews, assessments, and we track progress the implementation of standards or principles or recommendations from amongst others, Finstab, IMF and World Bank.
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