Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 2 : Financial StabilityPart 3 : Financial Stability Oversight Committee20. Establishment of Financial Stability Oversight Committee |
(1) | A committee called the Financial Stability Oversight Committee is hereby established. |
(2) | The primary objectives of the Financial Stability Oversight Committee are to— |
(a) | support the Reserve Bank when the Reserve Bank performs its functions in relation to financial stability; and |
(b) | facilitate co-operation and collaboration between, and co-ordination of action among, the financial sector regulators and the Reserve Bank in respect of matters relating to financial stability. |