05545oam 22011654 450 991080958170332120230807210102.01-4983-6764-X(CKB)2670000000608539(EBL)2008558(SSID)ssj0001540351(PQKBManifestationID)11824563(PQKBTitleCode)TC0001540351(PQKBWorkID)11533874(PQKB)10538757(MiAaPQ)EBC2008558(Au-PeEL)EBL2008558(CaPaEBR)ebr11041894(CaONFJC)MIL763487(OCoLC)907298828(IMF)1ZAFEA2015007(EXLCZ)99267000000060853920020129d2015 uf 0engurcnu||||||||txtccrSouth Africa : Financial Sector Assessment Program-Detailed Assessment of Implementation on the IOSCO Objectives and Principles of Securities RegulationWashington, D.C. :International Monetary Fund,2015.1 online resource (253 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4983-9086-2 1-4983-0595-4 Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; INTRODUCTION; INFORMATION AND METHODOLOGY USED FOR ASSESSMENT; INSTITUTIONAL AND MARKET STRUCTURE-OVERVIEW; A. Regulatory Structure; B. Market Structure; TABLES; 1. Key Market Information; 2. Number of JSE Members by Market; 3. Ownership of JSE Equity Firms; 4. Financial Services Providers Licensed under the FAIS Act (By Category); 5. Assets under Management in South African Collective Investment Schemes; PRECONDITIONS FOR EFFECTIVE SECURITIES REGULATION; MAIN FINDINGSSUMMARY IMPLEMENTATION OF THE IOSCO PRINCIPLES6. Summary Implementation of the IOSCO Principles-Detailed Assessments; RECOMMENDED ACTION PLAN AND AUTHORITIES' RESPONSE; 7. Recommended Action Plan to Improve Implementation of the IOSCO Principles; A. Authorities' Response to the Assessment; DETAILED ASSESSMENT; 8. Detailed Assessment of Implementation of the IOSCO PrinciplesThis paper discusses findings of the Detailed Assessment of Implementation on the IOSCO (International Organization of Securities Commissions) Objectives and Principles of Securities Regulation in South Africa. Although South Africa’s level of implementation of the IOSCO principles is complete in several areas, there is room for enhancement. The legal framework is robust and provides the authorities with broad supervisory, investigative, and enforcement powers. There are arrangements for on-site and off-site monitoring of regulated entities. The powers to cooperate with domestic and foreign counterparts are extensive. Accounting and auditing standards are high, as is the disclosure regime that applies to listed companies in practice.IMF Staff Country Reports; Country Report ;No. 2015/057SecuritiesSouth AfricaCapital marketSouth AfricaAccountingimfInvestments: GeneralimfInvestments: StocksimfIndustries: Financial ServicesimfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfGeneral Financial Markets: General (includes Measurement and Data)imfPublic AdministrationimfPublic Sector Accounting and AuditsimfFinancial Institutions and Services: Government Policy and RegulationimfInvestment & securitiesimfFinanceimfFinancial reporting, financial statementsimfSecuritiesimfStocksimfFinancial statementsimfHedge fundsimfFinancial servicesimfFinancial institutionsimfPublic financial management (PFM)imfFinancial instrumentsimfFinancial services industryimfFinance, PublicimfSouth AfricaimfSecuritiesCapital marketAccountingInvestments: GeneralInvestments: StocksIndustries: Financial ServicesPension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsGeneral Financial Markets: General (includes Measurement and Data)Public AdministrationPublic Sector Accounting and AuditsFinancial Institutions and Services: Government Policy and RegulationInvestment & securitiesFinanceFinancial reporting, financial statementsSecuritiesStocksFinancial statementsHedge fundsFinancial servicesFinancial institutionsPublic financial management (PFM)Financial instrumentsFinancial services industryFinance, Public332.152DcWaIMFBOOK9910809581703321South Africa172791UNINA