The National Treasury has published for consultation draft legislation - the Financial Sector Regulation Bill 2013 - as part of its introduction of a twin peaks model of financial regulation, including the creation of new authorities (the Prudential Authority and the Market Conduct Authority): see here (pdf). Further background information is available here.
Wednesday 18 December 2013
South Africa: introducing a 'twin peaks' model of financial regulation - consultation on draft legislation
The National Treasury has published for consultation draft legislation - the Financial Sector Regulation Bill 2013 - as part of its introduction of a twin peaks model of financial regulation, including the creation of new authorities (the Prudential Authority and the Market Conduct Authority): see here (pdf). Further background information is available here.
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