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.
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