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In Pursuit of Financial Stability - A Closer Look at Twin Peaks

Mini Dissertation (LLM (Banking Law)--University of Pretoria 2019.

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Other Authors: Van Heerden, C.M. (Corlia)
Format: Thesis
Language:English
Published: University of Pretoria 2020
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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 (Banking Law)--University of Pretoria 2019.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:39:58.102Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
publishDateSort 2020
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/75238 In Pursuit of Financial Stability - A Closer Look at Twin Peaks Van Heerden, C.M. (Corlia) leonpeterc@gmail.com Peter, Leon UCTD Mini Dissertation (LLM (Banking Law)--University of Pretoria 2019. The 2008 Global Financial Crisis (“GFC”), brought the global financial system to its knees. This Crisis, however, showed the world how critically important the maintenance of financial stability is. After the Crisis the pursuit of financial stability became a core goal of financial regulation. Various countries sought to reform their approach to financial regulation in order to ensure the stability of their financial systems. A regulatory model that emerged in the 1990s, the Twin Peaks model, conceptualized by Michael Taylor, gained favour with some countries. This model seeks to provide both systemic protection and financial consumer protection by two peak regulators responsible for systemic and prudential regulation and supervision, on the one hand, and conduct of business regulation and supervision, on the other. Although South Africa escaped the GFC relatively unharmed, it committed itself as G20 member to the post-GFC reform agenda. This, inter alia, entailed the decision to overhaul its approach to financial regulation and switch to a Twin Peaks model. This dissertation accordingly looks at the models of financial regulation and interrogates the specific structure of the Twin Peaks model adopted by South Africa. It further looks at the Dutch Twin Peaks model that was adopted by the Netherlands before the GFC to consider whether there are lessons that can be leant from the Dutch Twin Peaks model. Mercantile Law LLM (Banking Law) Unrestricted 2020-07-15T09:27:26Z 2020-07-15T09:27:26Z 2020-09 2019 Mini Dissertation Peter, L 2019, In Pursuit of Financial Stability - A Closer Look at Twin Peaks, LLM (Banking Law) Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/75238> A2021 http://hdl.handle.net/2263/75238 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
In Pursuit of Financial Stability - A Closer Look at Twin Peaks
title In Pursuit of Financial Stability - A Closer Look at Twin Peaks
title_full In Pursuit of Financial Stability - A Closer Look at Twin Peaks
title_fullStr In Pursuit of Financial Stability - A Closer Look at Twin Peaks
title_full_unstemmed In Pursuit of Financial Stability - A Closer Look at Twin Peaks
title_short In Pursuit of Financial Stability - A Closer Look at Twin Peaks
title_sort in pursuit of financial stability a closer look at twin peaks
topic UCTD
url http://hdl.handle.net/2263/75238