Prudential Authority of the South African Reserve Bank

E266511

The Prudential Authority of the South African Reserve Bank is the statutory financial regulator responsible for overseeing the safety and soundness of banks, insurers, and other key financial institutions in South Africa.

All labels observed (3)

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf financial regulatory authority ⓘ
prudential regulator ⓘ
statutory body ⓘ
appliesRegulatoryFramework Basel standards for banks ⓘ
Solvency-related standards for insurers ⓘ
collaboratesWith National Treasury of South Africa ⓘ
linked to: National Treasury

international standard-setting bodies ⓘ
other domestic financial regulators ⓘ
cooperatesWith Financial Sector Conduct Authority ⓘ
country South Africa ⓘ
employer financial sector regulators ⓘ
prudential supervisors ⓘ
governs licensing of certain financial institutions ⓘ
hasAbbreviation PA ⓘ
hasMandateFrom Parliament of South Africa ⓘ
hasRegulatoryObjective promote and enhance the safety and soundness of regulated financial institutions ⓘ
protect financial customers by promoting a stable financial system ⓘ
headquartersLocation Gauteng ⓘ
Pretoria ⓘ
South Africa ⓘ
implementsPolicy macroprudential policy measures within its mandate ⓘ
jurisdiction South Africa ⓘ
languageOfWork English ⓘ
legalBasis Financial Sector Regulation Act, 2017 ⓘ
South African legislation ⓘ
locatedInTimeZone South African Standard Time ⓘ
linked to: Central Africa Time
oversees capital adequacy of banks ⓘ
risk management of regulated institutions ⓘ
solvency of insurers ⓘ
parentOrganization South African Reserve Bank ⓘ
partOf Twin Peaks model of financial regulation in South Africa ⓘ
regulates banks ⓘ
certain financial market infrastructures ⓘ
co-operative financial institutions ⓘ
financial conglomerates ⓘ
insurers ⓘ
regulatoryApproach risk-based supervision ⓘ
regulatoryFocus financial stability ⓘ
safety and soundness of financial institutions ⓘ
sector financial regulation ⓘ
subOrganizationOf South African Reserve Bank ⓘ
supervises systemically important financial institutions in South Africa ⓘ
typeOfRegulation prudential supervision ⓘ
usesCurrency South African rand ⓘ
website https://www.resbank.co.za/en/home/what-we-do/Prudential-Authority ⓘ
worksTo reduce systemic risk in the South African financial system ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Johannesburg Stock Exchange → regulator → Prudential Authority of the South African Reserve Bank ⓘ
JSE Limited → hasRegulator → Prudential Authority of South Africa ⓘ
linked to: Prudential Authority of the South African Reserve Bank
Strate → regulatesOrOverseenBy → Prudential Authority of South Africa ⓘ
linked to: Prudential Authority of the South African Reserve Bank
Nedbank → regulator → Prudential Authority (South Africa) ⓘ
linked to: Prudential Authority of the South African Reserve Bank
Banks Act of South Africa → enforcedBy → Prudential Authority of South Africa ⓘ
linked to: Prudential Authority of the South African Reserve Bank