Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 5 : Co-operation and CollaborationPart 2 : Financial System Council of Regulators80. Meetings |
(1) | Meetings of the Financial System Council of Regulators must be held at least twice a year, or more frequently as determined by the Director-General. |
(2) | The Director-General, or an alternate nominated by the Director-General, chairs the meetings of the Financial System Council of Regulators. |
(3) | The Director-General must convene a meeting at the request of a member of the Financial System Council of Regulators. |
(4) | A member of the Financial System Council of Regulators may, with the concurrence of the Director-General, nominate a senior official of the member’s institution to act as an alternate for the member. |
(5) | Meetings of the Financial System Council of Regulators must be conducted in accordance with procedures determined by it. |