Financial Sector Regulation Act, 2017

E914733

The Financial Sector Regulation Act, 2017 is a key South African law that overhauled financial oversight by establishing a “twin peaks” regulatory framework to strengthen the stability and integrity of the country’s financial system.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Act of Parliament of South Africa ⓘ
South African statute ⓘ
aimsTo align South African financial regulation with international standards ⓘ
improve coordination among financial sector regulators ⓘ
reduce systemic risk in the financial sector ⓘ
appliesTo banks ⓘ
financial market infrastructures ⓘ
financial services providers ⓘ
insurers ⓘ
assignedToInstitution Financial Sector Conduct Authority ⓘ
Prudential Authority ⓘ
South African Reserve Bank ⓘ
containsProvisionsOn enforcement powers of financial regulators ⓘ
financial sector ombud schemes ⓘ
financial stability oversight by the South African Reserve Bank ⓘ
information sharing between regulators ⓘ
licensing of financial institutions ⓘ
regulatory cooperation and coordination ⓘ
supervision of financial institutions ⓘ
country South Africa ⓘ
creates Financial Sector Conduct Authority ⓘ
Prudential Authority ⓘ
establishesFrameworkFor twin peaks model of financial regulation in South Africa ⓘ
jurisdiction Republic of South Africa ⓘ
linked to: South Africa
languageOfText English ⓘ
legalSystem South African law ⓘ
policyContext post‑global financial crisis regulatory reforms ⓘ
purpose to enhance the integrity of the South African financial system ⓘ
to improve financial consumer protection ⓘ
to promote financial stability ⓘ
to promote the safety and soundness of financial institutions ⓘ
to reform financial sector regulation in South Africa ⓘ
to strengthen the stability of the South African financial system ⓘ
to support the efficiency and integrity of financial markets ⓘ
reforms South African financial regulatory architecture ⓘ
region Southern Africa ⓘ
regulatoryModel twin peaks ⓘ
regulatoryPeak market conduct regulation peak ⓘ
prudential regulation peak ⓘ
shortName FSR Act ⓘ
subjectMatter cooperation and coordination between financial regulators ⓘ
financial consumer protection ⓘ
financial sector regulation ⓘ
financial stability oversight ⓘ
market conduct regulation ⓘ
prudential regulation of financial institutions ⓘ
regulation of financial products and services ⓘ
yearOfEnactment 2017 ⓘ

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Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Prudential Authority of the South African Reserve Bank → legalBasis → Financial Sector Regulation Act, 2017 ⓘ
Banks Act of South Africa → relatedTo → Financial Sector Regulation Act of South Africa ⓘ
linked to: Financial Sector Regulation Act, 2017
Prudential Authority → legalBasis → Financial Sector Regulation Act, 2017 ⓘ
subject linked to: PA
Prudential Authority → establishedBy → Financial Sector Regulation Act, 2017 ⓘ
subject linked to: PA