PASA Crisis Handling Committee
The PASA Crisis Handling Committee committee
is mandated to assist PASA ExO to achieve the following
in a crisis event involving curatorship:
- To create a forum for the exchange of information
(restricted to the contents of the
formal SARB / curator objectives and directives).
- To assist the SARB representatives in advising the
curator on compliance to
the agreements and rules.
- To provide communication to SARB (NPSD) and the
curator.
- To ensure correctness of information communicated to member banks.
- To provide communication to PCH System Operators.
- To clarify “rules”.
- To ensure that PASA monitors continued compliance with affected agreements
and rules.
- To record in minute form actions required and contents
of all communications.
- To report to PASA Council and SARB (NPSD) on the process followed, the results of
the process and any proposals to improve of any
processes or actions for
future implementation. A report will be compiled once the crisis committee has
completed its function for any specific curatorship.
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