An overview of the first draft of the conduct of financial institutions bill and the potential impact on the national payment system in South Africa
| dc.contributor.author | Lawack, Vivienne | |
| dc.contributor.author | Visagie-Swart, Lynette | |
| dc.date.accessioned | 2021-05-26T13:24:26Z | |
| dc.date.available | 2021-05-26T13:24:26Z | |
| dc.date.issued | 2020 | |
| dc.description.abstract | Over the last decade National Treasury (‘Treasury’) has been rigorously acting on its commitment to promote a stable and safe financial sector for South Africa. The means by which Treasury elected to do so was the decision to move to a twin-peaks model of financial sector regulation in South Africa (‘the Twin Peaks’). Through the introduction of various carefully drafted legislative and regulatory instruments, South Africa, on 1 April 2018, welcomed the introduction of the Twin Peaks model of financial sector regulation through the commencement of the Financial Sector Regulation Act 9 of 2017 (‘FSR Act’). On this very same day, we saw the establishment of the two main Twin Peaks regulators: the Prudential Authority (‘PA’) and the Financial Sector Conduct Authority (‘FSCA’). | en_US |
| dc.identifier.citation | Lawack, V., & Visagie-Swart, L. (2020). An overview of the first draft of the conduct of financial institutions bill and the potential impact on the national payment system in South Africa. SA Mercantile Law Journal, 32(1), 129-155 | en_US |
| dc.identifier.issn | 1996-2185 | |
| dc.identifier.uri | https://hdl.handle.net/10520/ejc-jlc_samlj-v32-n1-a7 | |
| dc.identifier.uri | http://hdl.handle.net/10566/6205 | |
| dc.language.iso | en | en_US |
| dc.publisher | Juta Law | en_US |
| dc.subject | South Africa | en_US |
| dc.subject | The conduct of financial institutions bill | en_US |
| dc.subject | National payment system | en_US |
| dc.subject | Twin-peaks model | en_US |
| dc.subject | Financial sector | en_US |
| dc.title | An overview of the first draft of the conduct of financial institutions bill and the potential impact on the national payment system in South Africa | en_US |
| dc.type | Article | en_US |