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Twin Peaks Proposals Released Comment

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Twin Peaks Proposals Released for Comment


National TreasuryA summary of the proposals for implementing the twin peaks model of financial regulation has been released for public comment.The proposals were published by the financial regulatory reform steering…

Treasury to Hold Workshops on Twin Peaks Bill


National TreasuryThe Johannesburg workshop on the Draft Financial Sector Regulation Bill has been moved to 3 February 2015.The second draft of the Financial Sector Regulation Bill was published for comment…

Proposals to Boost Retirement Savings in the Pipeline


National TreasuryA number of discussion papers on strengthening retirement savings in South Africa are to be released for public comment over the next few weeks.This was revealed by national treasury…

MTBPS 2017 Spells Out Tough Times Ahead


National TreasuryTough times require tough decisions.The finance minister, Malusi Gigaba, stressed this while delivering his first Medium Term Budget Policy Statement in parliament.He added that government was committed to making…

Financial Services Laws Bill Sent to NCOP


National AssemblyThe Financial Services Laws General Amendment Bill has been passed by the National Assembly and sent to the National Council of Provinces for concurrence.The bill was tabled in Parliament…

Budget 2015 to Drive Economic Growth


National TreasuryIn presenting Budget 2015 to parliament, the finance minister, Nhlanhla Nene, described it as having been a challenging budget to prepare within difficult economic circumstances.The budget takes its lead…

Parliament Passes Tax Bills


ParliamentA raft of finance-related bills have been passed by parliament and sent to president Zuma for assent.The Taxation Laws Amendment Bill was published by treasury for comment in July 2013…

Pension Funds Bill in the Pipeline


National TreasuryA draft bill focused on enhancing the governance of pension funds will be published towards the end of 2013.This was confirmed by finance minister, Pravin Gordhan, during his budget…

FSB Completes Peer Review Report


Financial Stability BoardThe financial stability board (FSB) has welcomed South Africa's proposed move towards a twin peaks financial regulatory model.The kudos are contained in the FSB's report on the Peer…