Abstract

This contribution explores the newly introduced South African Twin Peaks model and its unique features. The main focus of the article is on the comprehensive financial stability mandate imposed on the South African Reserve Bank as central bank by the Financial Sector Regulation Act 9 of 2017. The legislative framework enabling the execution of the SARB's financial stability mandate is interrogated and the strengths and weaknesses of the model, from the perspective of the promotion and maintenance of financial stability are considered.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.