South Africa : Financial Sector Assessment Program-Technical Note on Banking Regulation and Supervision.

The implementation of a twin peaks model represents a significant change to the South African financial supervisory architecture. The Prudential Authority (PA), operating within the administration of the South African Reserve Bank (SARB), is responsible for promoting and enhancing the safety and sou...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund. Monetary and Capital Markets Department
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2022.
Serie:IMF Staff Country Reports; Country Report ; No. 2022/184
Soggetti:
Accesso online:Full text available on IMF
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520 3 |a The implementation of a twin peaks model represents a significant change to the South African financial supervisory architecture. The Prudential Authority (PA), operating within the administration of the South African Reserve Bank (SARB), is responsible for promoting and enhancing the safety and soundness of financial institutions that provide financial products and securities services. A separate authority, the Financial Sector Conduct Authority2 (FSCA), is responsible for market conduct regulation and supervision. The introduction of the twin peaks architecture was motivated by a need to increase the robustness of the financial sector regulatory and supervisory system, reinforce financial stability, improve protection of customers, and enhance cooperation among the regulators. 
538 |a Mode of access: Internet 
650 7 |a International Agreements and Observance  |2 imf 
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650 7 |a Monetary Policy  |2 imf 
651 7 |a South Africa  |2 imf 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2022/184 
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