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

Chapter 5 : Co-operation and Collaboration

Part 2 : Financial System Council of Regulators

81. Working groups and subcommittees

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(1)The Financial System Council of Regulators must establish working groups or subcommittees in respect of the following matters:
(a)Enforcement and financial crime;
(b)financial stability and resolution;
(c)policy and legislation;
(d)standard-setting;
(e)financial sector outcomes;
(f)financial inclusion;
(g)transformation of the financial sector; and
(h)any other matter that the Director-General may determine after consulting the other members of the Financial System Council of Regulators.

 

(2)The Financial System Council of Regulators must determine the membership, terms of reference and procedure of a working group or subcommittee.