South Africa; Report on Observance of Standards and Codes—Data Module; Response by the Authorities; and Detailed Assessments Using the Data Quality Assessment Framework

The Money and Banking Division of the Research Department of the South African Reserve Bank plans to conduct a review of its entire time series database following the implementation of new bank reporting structures in January 2001. This is a time-consuming process, and the release of a comprehensively revised time series structure, incorporating balance-sheet information with a monthly frequency, is not expected before the end of 2003. Review of the composition of “other assets†and “other liabilities†and to reclassify are needed.