Source: South Africa : Report on the Observance of Standards and Codes on Banking Supervision, Insurance Supervision, and Securities' Regulation
Series: IMF Staff Country Reports
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 December 2010
Keywords: regulation, legislation, legal authority, regulations, regulatory system
In South Africa, long-term insurers experienced some strains during the financial crisis, but there were no crisis-related failures. The capital markets suffered sharp declines but no systemic failures. The three s...