Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 2 : Financial Stability

Part 3 : Financial Stability Oversight Committee

22. Membership

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(1)The Financial Stability Oversight Committee consists of the following members:
(a)The Governor;
(b)the Deputy Governor responsible for financial stability matters;
(c)the Chief Executive Officer;
(d)the Commissioner;
(e)the Chief Executive Officer of the National Credit Regulator;
(f)the Director-General;
(g)the Director of the Financial Intelligence Centre; and
(h)a maximum of three additional persons appointed by the Governor.

 

(2)A member of the Financial Stability Oversight Committee referred to in terms of subsection (1)(h) holds office for the period, and on the terms, determined by the Governor.