PASA BCP/DR Policy Committee

The committee is mandated to provide the following:

• To act as the banking industry forum for all BCP/DR policy requirements.
• To ensure creation of the minimum BCP/DR standards for availability by participants and PCH System Operators in the payments industry.
• To act as conduit to the participant banks in order to ensure high-level
  co-operation in reaching compliance with the BCP/DR standards.

To provide an integral link to achieve the requirements of the Financial Sector Contingency Forum (FSCF) created by the SARB for managing systemic crisis in the financial sector and act as the formal body responsible for the payments declaration of a crisis as required by the FSCF.

The members of the Committee consist of nominees from :

• Absa Bank Limited
• Capitec Bank Limited
• Mercantile Bank Limited
• FirstRand Bank Limited
• Investec Bank Limited
• Nedbank Limited
• South African Reserve Bank - has a standing invitation to attend comitee meetings.
• The Standard Bank of SA Limited
• Bidvest Bank Ltd