Regulatory Alerts2023-07-21
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Appointment of Industry Steering Committee Members for the RTGS Upgrade and ISO 20022 Migration Project
The Bank of Zambia has issued Circular No. 18/2023 to appoint industry steering committee members for the ongoing Real Time Gross Settlement (RTGS) system upgrade and ISO 20022 migration project. All commercial banks are required to nominate their Chief Operations Officers or Heads of Operations as representatives to oversee the critical industry-wide User Acceptance Testing phase. Nominations must be confirmed via email to the designated project contact by Friday, July 28, 2023.
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