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Twin Peaks Legislation Pipeline

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Twin Peaks Legislation in the Pipeline


National TreasuryNational treasury has reiterated that legislation designed to introduce the twin peaks approach to financial regulation in South Africa should be introduced in parliament in 2013.This was revealed in…

Twin Peaks Bill in the Pipeline


National TreasuryLegislation designed to introduce a twin peaks model of financial regulation will be submitted shortly to cabinet for approval.The finance minister, Pravin Gordhan, announced this during his medium term…

Micro-Insurance Legislation in the Pipeline


National TreasuryThe deputy finance minister, Nhlanhla Nene, has indicated that micro-insurance legislation is likely to be tabled in Parliament during 2013.He revealed this during an address to the OECD-FSB conference…

Law to Regulate Financial Sector Under Construction


National TreasuryNational treasury has revealed that legislation to facilitate the shift to the twin peaks model for regulating the financial sector will be introduced next year.Treasury made this known during…

Gordhan Gives Update on Financial Sector Reforms


National TreasuryThe finance minister, Pravin Gordhan, provided an update on various financial sector reforms currently under way during his budget speech in Parliament.He declared that agreements were in place between…