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Risk Advisory Committee

The Risk Advisory Committee is made up of knowledgeable representatives from at least four member banks, selected by PASA ExO, to assist in the identification, evaluation and proposals as to mitigation of risks in the payment environment for which PASA is responsible.

The Committee serves as an advisory body and any actions required are put forward by way of proposal to PASA Council. The Governance Committee has the responsibility to evaluate the activities of the Committee in order to assure that risks identified and proposals made are properly addressed.

The membership of the Committee is provided by:

  • PASA Risk
  • Absa Bank Limited
  • FirstRand Bank Limited
  • Investec Bank Limited
  • Nedbank Limited
  • South African Reserve Bank
  • The Standard Bank of SA Limited
  • Strate Limited
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