Financial Regulatory Governance in South Africa: The Move Towards Twin Peaks

Andrew Schmulow

Research output: Contribution to journalArticle

Abstract

This article examines the implementation of the Twin Peaks model of financial system regulation in South Africa, the purpose of which is to create a financial system stability regulator, and a financial system consumer protection and market conduct regulator. It examines the historical development of Twin Peaks and its regulatory enforcement principles. It then analyses the similarities and differences between Twin Peaks in Australia (upon which the South African reforms are based) and South Africa. Finally the article provides concluding observations.
Original languageEnglish
Pages (from-to)393-417
Number of pages42
JournalAfrican Journal of International and Comparative Law
Volume25
Issue number3
DOIs
Publication statusPublished - Jul 2017

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