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Systemically important financial institutions

Mini Dissertation (LLM)--University of Pretoria, 2019.

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Other Authors: Van Heerden, C.M. (Corlia)
Format: Thesis
Language:English
Published: University of Pretoria 2019
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access_status_str Open Access
author2 Van Heerden, C.M. (Corlia)
author_browse Van Heerden, C.M. (Corlia)
author_facet Van Heerden, C.M. (Corlia)
collection Thesis
dc_rights_str_mv © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (LLM)--University of Pretoria, 2019.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:09.710Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2019
publishDateRange 2019
publishDateSort 2019
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/70093 Systemically important financial institutions Van Heerden, C.M. (Corlia) u11027658@tuks.co.za Fox, Jessica UCTD Mini Dissertation (LLM)--University of Pretoria, 2019. The Global Financial Crisis of 2008/2009 has changed the global perspective of regulating financial institutions and further highlighted the need to pursue financial stability. The monitoring and counteracting of systemic risk was identified as the key to achieving a stable financial system. Although South Africa weathered the Global Financial Crises well in comparison to other jurisdictions like the USA it has, as a G20 member, adopted the movement toward achieving financial stability through the implementation of a Twin Peaks model of functional financial regulation by objective via the Financial Sector Regulation Act 9 of 2017(FSRA). According to this model, the central bank as guardian of financial stability is given the power to designate certain financial institutions as systemically important financial institutions (SIFIs) given their ability to trigger systemic collapse. This research accordingly considers the designation of SIFIs as provided for in the FSRA. Furthermore, a comparative study of Hong Kong’s financial regulatory system and designation of SIFIs is considered and analysed. It is concluded and recommended that Hong Kong’s proactive approach should be considered and potentially adopted with the aim of effectively regulating SIFIs instead of over-regulating them when giving effect to the FSRA. Mercantile Law LLM Unrestricted 2019-06-02T11:40:04Z 2019-06-02T11:40:04Z 2019/04/04 2019 Mini Dissertation Fox, J 2019, Systemically important financial institutions, LLM Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/70093> A2019 http://hdl.handle.net/2263/70093 en © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Systemically important financial institutions
title Systemically important financial institutions
title_full Systemically important financial institutions
title_fullStr Systemically important financial institutions
title_full_unstemmed Systemically important financial institutions
title_short Systemically important financial institutions
title_sort systemically important financial institutions
topic UCTD
url http://hdl.handle.net/2263/70093