South Africa: Financial Sector Assessment Program : Detailed Assessment of Implementation on the IOSCO Objectives and Principles of Securities Regulation : Technical Note

This paper discusses findings of the Detailed Assessment of Implementation on the IOSCO (International Organization of Securities Commissions) Objectives and Principles of Securities Regulation in South Africa. Although South Africa's level of implementation of the IOSCO principles is complete...

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Bibliographic Details
Format: Electronic eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports: Country Report No. 15/57
Subjects:
Online Access:DE-12
DE-1102
DE-Aug4
DE-859
DE-860
DE-860
DE-1049
DE-70
DE-22
DE-155
DE-91
DE-384
DE-473
DE-19
DE-355
DE-703
DE-20
DE-706
DE-824
DE-29
DE-739
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Summary:This paper discusses findings of the Detailed Assessment of Implementation on the IOSCO (International Organization of Securities Commissions) Objectives and Principles of Securities Regulation in South Africa. Although South Africa's level of implementation of the IOSCO principles is complete in several areas, there is room for enhancement. The legal framework is robust and provides the authorities with broad supervisory, investigative, and enforcement powers. There are arrangements for on-site and off-site monitoring of regulated entities. The powers to cooperate with domestic and foreign counterparts are extensive. Accounting and auditing standards are high, as is the disclosure regime that applies to listed companies in practice
Physical Description:1 Online-Ressource (252 Seiten) Illustrationen
ISBN:1498305954
9781498305952
ISSN:2227-8907