Securities Services Act, 2004 (Act No. 36 of 2004)Chapter I : Preliminary Provisions2. Objects of Act |
This Act aims to—
(a)increase confidence in the South African financial markets by—
(i) | requiring that securities services be provided in a fair, efficient and transparent manner; and |
(ii) | contributing to the maintenance of a stable financial market environment; |
(b) | promote the protection of regulated persons and clients; |
(c) | reduce systemic risk; and |
(d) | promote the international competitiveness of securities services in the Republic. |