Financial Sector Regulation Act, 2017

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:South_African
gptkb:action
gptkbp:alsoKnownAs Twin Peaks Act
gptkbp:beganIn 1 April 2018
gptkbp:country gptkb:South_Africa
gptkbp:date 21 August 2017
gptkbp:dateEnacted 2017
gptkbp:enables Twin Peaks model of financial regulation
gptkbp:enactedBy gptkb:Parliament_of_South_Africa
gptkbp:establishes gptkb:Prudential_Authority
gptkb:Financial_Sector_Conduct_Authority
https://www.w3.org/2000/01/rdf-schema#label Financial Sector Regulation Act, 2017
gptkbp:providesFor financial stability
regulation of financial institutions
regulation of financial products and services
financial customer protection
financial sector ombud system
regulation of market infrastructures
gptkbp:purpose to regulate the financial sector in South Africa
gptkbp:regulates banks
insurers
market infrastructures
financial conglomerates
financial services providers
gptkbp:replacedBy previous fragmented financial sector regulation
gptkbp:shortName FSR Act
gptkbp:signedBy gptkb:President_Jacob_Zuma
gptkbp:website https://www.gov.za/documents/financial-sector-regulation-act-21-2017-englishafrikaans-22-aug-2017-0000
gptkbp:bfsParent gptkb:Financial_Sector_Conduct_Authority_(FSCA)
gptkb:FSC_South_Africa
gptkbp:bfsLayer 7