Author: Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 520
Book Description
The South African Financial System
Author: The Mechanics of the South African Financial System
Author: H. B. FalkenaPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 596
Book Description
Fundamentals of the South African Financial System
Author: L. J. FouriePublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 454
Book Description
South Africa: Financial Sector Assessment Program-Financial System Stability Assessment
Author: International MonetaryPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
Book Description
The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed the financial system to handle the COVID-19 shock relatively well, but domestic and external downside risks remain substantial—with potential implications for asset quality, profitability, and solvency.
Understanding South African Financial Markets 6
Author: KARIN VAN WYK; ZIETS BOTHA; INGRID GOODSPEED.Publisher:
ISBN: 9780627036309
Category :
Languages : en
Pages :
Book Description
South Africa
Author: International Monetary Fund. Monetary and Capital Markets DepartmentPublisher: International Monetary Fund
ISBN: 1498368190
Category : Business & Economics
Languages : en
Pages : 42
Book Description
This Technical Note discusses recommendations made during the Financial Sector Assessment Program (FSAP) for South Africa in the areas of contingency planning, crisis management, and bank resolution. The proposed scope of the new resolution regime and of the South African Reserve Bank’s (SARB) jurisdiction as the resolution authority remains unclear. It is suggested that authorities should consider focusing on all deposit-taking institutions and only those other financial institutions that are currently deemed systemic. Non-deposit-taking financial institutions that are not found to be systemic should be resolved by the Prudential Authority or the Market Conduct Authority, whichever is the lead regulator.
South Africa
Author: International Monetary Fund. Monetary and Capital Markets DepartmentPublisher: International Monetary Fund
ISBN: 1498314171
Category : Business & Economics
Languages : en
Pages : 104
Book Description
This paper discusses findings of the Financial System Stability Assessment for South Africa. South Africa’s financial sector operates in a challenging economic environment. Despite remarkable progress since the end of apartheid in 1994, South Africa still has one of the world’s highest unemployment and income inequality rates. Slow economic growth since 2008 has further aggravated unemployment, real disposable income is stagnant, and households are heavily indebted. Relatively high capital buffers as well as sound regulation and supervision have helped mitigate the risks. Stress tests confirm the capital resiliency of banks and insurance companies to severe shocks but illustrate a vulnerability to liquidity shortfalls.
South Africa
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Credit
Languages : en
Pages : 32
Book Description
Financial Enterprise in South Africa since 1950
Author: Stuart JonesPublisher: Springer
ISBN: 1349115363
Category : Business & Economics
Languages : en
Pages : 331
Book Description
South Africa has undergone a financial revolution since 1950 when the financial structure was colonial. By 1990 the situation had changed and new institutions emerged. This book looks at some of these institutions including the first Afrikaner banks, merchant banks and discount houses.
South Africa: Financial Sector Assessment Program-Technical Note on Banking Regulation and Supervision
Author: International MonetaryPublisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 49
Book Description
The implementation of a twin peaks model represents a significant change to the South African financial supervisory architecture. The Prudential Authority (PA), operating within the administration of the South African Reserve Bank (SARB), is responsible for promoting and enhancing the safety and soundness of financial institutions that provide financial products and securities services. A separate authority, the Financial Sector Conduct Authority2 (FSCA), is responsible for market conduct regulation and supervision. The introduction of the twin peaks architecture was motivated by a need to increase the robustness of the financial sector regulatory and supervisory system, reinforce financial stability, improve protection of customers, and enhance cooperation among the regulators.