The Financial Sector Regulation Bill is on course to be enacted later this year. It will be the first piece of legislation in a series of proposed laws that will bring the regulation of all local financial services together under the Twin Peaks model.

The legislative paradigm shift is in line with global norms, with the intention of helping to ensure that financial stability is maintained and consumers of financial providers and services are better protected.

The Twin Peaks model follows two policy papers that respond to lessons learnt from the 2008 global financial crisis: A Safer Financial Sector to Serve South Africa Better (National Treasury, February 2011) and Implementing a twin peaks model of financial regulation in South Africa (Financial Regulatory Reform Steering Committee, February 2013).








The Big Picture

The Implementation of the Twin Peaks regulatory framework is on our doorstep. Read More

The Philosophy behind Twin Peaks

The Financial Sector Regulation Bill, tabled in parliament in October 2015 is due for enactment later this year.
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Regulatory framework changes and timeframes – for a safer financial South Africa

South Africa’s financial sector regulatory landscape is entering a period of major transition. Read More