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Financial Sector Regulation Bill in South Africa, Second Draft: Lessons from Australia

Journal Article


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Abstract


  • The proposed reforms to financial regulation in South Africa, as embodied in the Financial Sector Regulation Bill, (second draft, 10 December 2014) ('the FSR Bill'), available at http://www.treasury.gov.za/public%20comments/FSR2014/2014%2012%2011%20FSRB%20including%20Consequential%20Amendments%20and%2OMemo%20ofo200bjects.pdf), represent the most important reforms to South Africa's financial regulatory architecture since the 1987 De Kock Commission. The degree to which these reforms succeed will determine the extent to which South Africa can maintain financial stability, and manage the effects of a future financial crisis.

Publication Date


  • 2015

Citation


  • A. J. Godwin & A. D. Schmulow, 'Financial Sector Regulation Bill in South Africa, Second Draft: Lessons from Australia' (2015) 132 (4) South African Law Journal 756-768.

Ro Full-text Url


  • https://ro.uow.edu.au/cgi/viewcontent.cgi?article=4612&context=lhapapers

Ro Metadata Url


  • http://ro.uow.edu.au/lhapapers/3585

Number Of Pages


  • 12

Start Page


  • 756

End Page


  • 768

Volume


  • 132

Issue


  • 4

Place Of Publication


  • South Africa

Abstract


  • The proposed reforms to financial regulation in South Africa, as embodied in the Financial Sector Regulation Bill, (second draft, 10 December 2014) ('the FSR Bill'), available at http://www.treasury.gov.za/public%20comments/FSR2014/2014%2012%2011%20FSRB%20including%20Consequential%20Amendments%20and%2OMemo%20ofo200bjects.pdf), represent the most important reforms to South Africa's financial regulatory architecture since the 1987 De Kock Commission. The degree to which these reforms succeed will determine the extent to which South Africa can maintain financial stability, and manage the effects of a future financial crisis.

Publication Date


  • 2015

Citation


  • A. J. Godwin & A. D. Schmulow, 'Financial Sector Regulation Bill in South Africa, Second Draft: Lessons from Australia' (2015) 132 (4) South African Law Journal 756-768.

Ro Full-text Url


  • https://ro.uow.edu.au/cgi/viewcontent.cgi?article=4612&context=lhapapers

Ro Metadata Url


  • http://ro.uow.edu.au/lhapapers/3585

Number Of Pages


  • 12

Start Page


  • 756

End Page


  • 768

Volume


  • 132

Issue


  • 4

Place Of Publication


  • South Africa