South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation
This is an update of the International Organization of Securities Commissions (IOSCO) assessment that was performed in 2000 as part of the Financial Sector Assessment Program (FSAP) of South Africa. South Africa has made substantial progress in add...
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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
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Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2010/10/16302994/south-africa-iosco-principles-securities-markets-detailed-assessment-implementation http://hdl.handle.net/10986/12514 |
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okr-10986-12514 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ACCOUNTING STANDARD ACCOUNTING STANDARDS ACTIVE MARKET AGRICULTURAL COMMODITIES ASSET MANAGERS AUDIT COMMITTEE BALANCE SHEETS BANK ASSETS BIDS BOND BOND ISSUES BOND MARKET BOND TRADING BONDS BROKER BROKERAGE BROKERS BUY BACK CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET REGULATION CAPITAL MARKETS CAPITAL MARKETS REGULATORS CENTRAL BANK CENTRAL SECURITIES DEPOSITORY CIVIL LAW CLEARING HOUSES CLIENT ASSETS CODE OF CONDUCT CODES OF CONDUCT COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMMERCIAL LAWS COMMERCIAL PAPER COMMODITY COMPANY LAW CONFIDENTIALITY CONFLICT OF INTEREST CONSUMER EDUCATION CORPORATE DISCLOSURE CORPORATE FINANCE CORPORATE GOVERNANCE CORPORATE LAWS CREDIT RATING CREDIT RATING AGENCIES CREDITOR CURRENCY CUSTODY DEBENTURES DEBT DEBT INSTRUMENTS DEBT SECURITIES DEBTOR DEFAULT RISK DERIVATIVE DERIVATIVE INSTRUMENT DERIVATIVE PRODUCTS DERIVATIVE TRANSACTIONS DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DERIVATIVES MARKETS DIRECT ACCESS DISCLOSURE DOCUMENTS DISCLOSURE REQUIREMENT DISCLOSURE REQUIREMENTS DISCLOSURE STANDARDS DOMESTIC BOND DOMESTIC BOND MARKET DUE DILIGENCE ECONOMIC EMPOWERMENT ENFORCEMENT POWERS EQUITIES EQUITY DERIVATIVES EQUITY MARKET EQUITY SECURITIES EXCHANGE COMMISSION EXCHANGE CONTROL EXPOSURE EXPOSURES FINANCIAL ADVISERS FINANCIAL ADVISORS FINANCIAL DERIVATIVES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES INDUSTRY FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FOREIGN BANKS FOREIGN COMPANIES FOREIGN EXCHANGE FRAUD FUND MANAGEMENT FUTURES GOVERNMENT DEBT HEDGE FUND HEDGE FUNDS HEDGES HOLDING HUMAN RESOURCES INFORMATION SHARING INSIDER TRADING INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURERS INTELLECTUAL PROPERTY INTEREST RATE INTEREST RATE DERIVATIVES INTERNAL AUDIT INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTMENT MANAGEMENT INVESTMENT MANAGER INVESTOR CONFIDENCE INVESTOR EDUCATION INVESTOR PREFERENCES IPO JURISDICTION JURISDICTIONS LAW ENFORCEMENT LEGAL AUTHORITY LEGAL FRAMEWORK LEGAL INFRASTRUCTURE LEVIES LIMITED PARTNERSHIPS LOCAL GOVERNMENT MARKET CAPITALIZATION MARKET INTERMEDIARIES MARKET INTERMEDIARY MARKET MANIPULATION MARKET PARTICIPANTS MARKET STRUCTURE MARKET SURVEILLANCE MARKET TRANSACTIONS MARKET VALUE MARKET-MAKER MONETARY FUND MONEY LAUNDERING MONEY MARKET MUTUAL FUNDS NATIONAL TREASURY NEW PRODUCTS PENSION PENSION FUNDS PORTFOLIO PORTFOLIO MANAGERS PORTFOLIOS PRIVATE SECTOR DEVELOPMENT PROMISSORY NOTES PUBLIC COMPANIES PUBLIC COMPANY PUBLIC OFFERINGS PUBLIC POLICY REGULATOR REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY OVERSIGHT REGULATORY REGIME REGULATORY STANDARDS REGULATORY SYSTEM REGULATORY SYSTEMS REPAYMENT RESERVE RESERVE BANK RETURN RISK MANAGEMENT SAVINGS SECONDARY MARKET SECONDARY MARKET TRADING SECURITIES SECURITIES EXCHANGES SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATION SECURITIES TRANSACTIONS SELF-REGULATION SETTLEMENT SETTLEMENT SERVICES SHAREHOLDER SHAREHOLDERS SHORT-TERM DEBT SPOT MARKET STOCK EXCHANGE STOCKS SWAP SYSTEMIC RISK TAX TRADES TRADING ACTIVITIES TRADING ACTIVITY TRADING MARKET TRADING PLATFORM TRADING SYSTEM TRADING SYSTEMS TRANSPARENCY TURNOVER UNDERWRITER VALUATION VOLATILITY WARRANTS |
| spellingShingle |
ACCOUNTING ACCOUNTING STANDARD ACCOUNTING STANDARDS ACTIVE MARKET AGRICULTURAL COMMODITIES ASSET MANAGERS AUDIT COMMITTEE BALANCE SHEETS BANK ASSETS BIDS BOND BOND ISSUES BOND MARKET BOND TRADING BONDS BROKER BROKERAGE BROKERS BUY BACK CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET REGULATION CAPITAL MARKETS CAPITAL MARKETS REGULATORS CENTRAL BANK CENTRAL SECURITIES DEPOSITORY CIVIL LAW CLEARING HOUSES CLIENT ASSETS CODE OF CONDUCT CODES OF CONDUCT COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMMERCIAL LAWS COMMERCIAL PAPER COMMODITY COMPANY LAW CONFIDENTIALITY CONFLICT OF INTEREST CONSUMER EDUCATION CORPORATE DISCLOSURE CORPORATE FINANCE CORPORATE GOVERNANCE CORPORATE LAWS CREDIT RATING CREDIT RATING AGENCIES CREDITOR CURRENCY CUSTODY DEBENTURES DEBT DEBT INSTRUMENTS DEBT SECURITIES DEBTOR DEFAULT RISK DERIVATIVE DERIVATIVE INSTRUMENT DERIVATIVE PRODUCTS DERIVATIVE TRANSACTIONS DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DERIVATIVES MARKETS DIRECT ACCESS DISCLOSURE DOCUMENTS DISCLOSURE REQUIREMENT DISCLOSURE REQUIREMENTS DISCLOSURE STANDARDS DOMESTIC BOND DOMESTIC BOND MARKET DUE DILIGENCE ECONOMIC EMPOWERMENT ENFORCEMENT POWERS EQUITIES EQUITY DERIVATIVES EQUITY MARKET EQUITY SECURITIES EXCHANGE COMMISSION EXCHANGE CONTROL EXPOSURE EXPOSURES FINANCIAL ADVISERS FINANCIAL ADVISORS FINANCIAL DERIVATIVES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES INDUSTRY FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FOREIGN BANKS FOREIGN COMPANIES FOREIGN EXCHANGE FRAUD FUND MANAGEMENT FUTURES GOVERNMENT DEBT HEDGE FUND HEDGE FUNDS HEDGES HOLDING HUMAN RESOURCES INFORMATION SHARING INSIDER TRADING INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURERS INTELLECTUAL PROPERTY INTEREST RATE INTEREST RATE DERIVATIVES INTERNAL AUDIT INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTMENT MANAGEMENT INVESTMENT MANAGER INVESTOR CONFIDENCE INVESTOR EDUCATION INVESTOR PREFERENCES IPO JURISDICTION JURISDICTIONS LAW ENFORCEMENT LEGAL AUTHORITY LEGAL FRAMEWORK LEGAL INFRASTRUCTURE LEVIES LIMITED PARTNERSHIPS LOCAL GOVERNMENT MARKET CAPITALIZATION MARKET INTERMEDIARIES MARKET INTERMEDIARY MARKET MANIPULATION MARKET PARTICIPANTS MARKET STRUCTURE MARKET SURVEILLANCE MARKET TRANSACTIONS MARKET VALUE MARKET-MAKER MONETARY FUND MONEY LAUNDERING MONEY MARKET MUTUAL FUNDS NATIONAL TREASURY NEW PRODUCTS PENSION PENSION FUNDS PORTFOLIO PORTFOLIO MANAGERS PORTFOLIOS PRIVATE SECTOR DEVELOPMENT PROMISSORY NOTES PUBLIC COMPANIES PUBLIC COMPANY PUBLIC OFFERINGS PUBLIC POLICY REGULATOR REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY OVERSIGHT REGULATORY REGIME REGULATORY STANDARDS REGULATORY SYSTEM REGULATORY SYSTEMS REPAYMENT RESERVE RESERVE BANK RETURN RISK MANAGEMENT SAVINGS SECONDARY MARKET SECONDARY MARKET TRADING SECURITIES SECURITIES EXCHANGES SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATION SECURITIES TRANSACTIONS SELF-REGULATION SETTLEMENT SETTLEMENT SERVICES SHAREHOLDER SHAREHOLDERS SHORT-TERM DEBT SPOT MARKET STOCK EXCHANGE STOCKS SWAP SYSTEMIC RISK TAX TRADES TRADING ACTIVITIES TRADING ACTIVITY TRADING MARKET TRADING PLATFORM TRADING SYSTEM TRADING SYSTEMS TRANSPARENCY TURNOVER UNDERWRITER VALUATION VOLATILITY WARRANTS International Monetary Fund World Bank South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation |
| geographic_facet |
Africa South Africa |
| description |
This is an update of the International
Organization of Securities Commissions (IOSCO) assessment
that was performed in 2000 as part of the Financial Sector
Assessment Program (FSAP) of South Africa. South Africa has
made substantial progress in addressing the recommendations
of the 2000 FSAP and is continuing to build upon these
accomplishments. South Africa was one of the first countries
to adopt the International Financial Reporting Standards
promulgated by the International Accounting Standards Board.
The Department of Trade and Industry (DTI) has the legal
authority to register all companies in South Africa,
including public companies and to set and enforce disclosure
requirements and accounting standards. Significant
amendments to the Companies Act dealing with this
responsibility were enacted in 2007 and recently in 2009.
DTI has not implemented the 2007 or 2009 amendments. Going
forward, careful examination should be given to whether the
authority and responsibility for these functions should
continue in the DTI or be reassigned by Parliament to the
Financial Services Board (FSB). |
| format |
Economic & Sector Work :: Financial Sector Assessment Program (FSAP) |
| author |
International Monetary Fund World Bank |
| author_facet |
International Monetary Fund World Bank |
| author_sort |
International Monetary Fund |
| title |
South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation |
| title_short |
South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation |
| title_full |
South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation |
| title_fullStr |
South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation |
| title_full_unstemmed |
South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation |
| title_sort |
south africa - iosco principles--securities markets : detailed assessment of implementation |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2010/10/16302994/south-africa-iosco-principles-securities-markets-detailed-assessment-implementation http://hdl.handle.net/10986/12514 |
| _version_ |
1764420277084618752 |
| spelling |
okr-10986-125142021-04-23T14:03:01Z South Africa - IOSCO Principles--Securities Markets : Detailed Assessment of Implementation International Monetary Fund World Bank ACCOUNTING ACCOUNTING STANDARD ACCOUNTING STANDARDS ACTIVE MARKET AGRICULTURAL COMMODITIES ASSET MANAGERS AUDIT COMMITTEE BALANCE SHEETS BANK ASSETS BIDS BOND BOND ISSUES BOND MARKET BOND TRADING BONDS BROKER BROKERAGE BROKERS BUY BACK CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET REGULATION CAPITAL MARKETS CAPITAL MARKETS REGULATORS CENTRAL BANK CENTRAL SECURITIES DEPOSITORY CIVIL LAW CLEARING HOUSES CLIENT ASSETS CODE OF CONDUCT CODES OF CONDUCT COLLECTIVE INVESTMENT COLLECTIVE INVESTMENTS COMMERCIAL LAWS COMMERCIAL PAPER COMMODITY COMPANY LAW CONFIDENTIALITY CONFLICT OF INTEREST CONSUMER EDUCATION CORPORATE DISCLOSURE CORPORATE FINANCE CORPORATE GOVERNANCE CORPORATE LAWS CREDIT RATING CREDIT RATING AGENCIES CREDITOR CURRENCY CUSTODY DEBENTURES DEBT DEBT INSTRUMENTS DEBT SECURITIES DEBTOR DEFAULT RISK DERIVATIVE DERIVATIVE INSTRUMENT DERIVATIVE PRODUCTS DERIVATIVE TRANSACTIONS DERIVATIVES DERIVATIVES EXCHANGE DERIVATIVES MARKET DERIVATIVES MARKETS DIRECT ACCESS DISCLOSURE DOCUMENTS DISCLOSURE REQUIREMENT DISCLOSURE REQUIREMENTS DISCLOSURE STANDARDS DOMESTIC BOND DOMESTIC BOND MARKET DUE DILIGENCE ECONOMIC EMPOWERMENT ENFORCEMENT POWERS EQUITIES EQUITY DERIVATIVES EQUITY MARKET EQUITY SECURITIES EXCHANGE COMMISSION EXCHANGE CONTROL EXPOSURE EXPOSURES FINANCIAL ADVISERS FINANCIAL ADVISORS FINANCIAL DERIVATIVES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES INDUSTRY FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FOREIGN BANKS FOREIGN COMPANIES FOREIGN EXCHANGE FRAUD FUND MANAGEMENT FUTURES GOVERNMENT DEBT HEDGE FUND HEDGE FUNDS HEDGES HOLDING HUMAN RESOURCES INFORMATION SHARING INSIDER TRADING INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURERS INTELLECTUAL PROPERTY INTEREST RATE INTEREST RATE DERIVATIVES INTERNAL AUDIT INTERNAL CONTROL INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTMENT MANAGEMENT INVESTMENT MANAGER INVESTOR CONFIDENCE INVESTOR EDUCATION INVESTOR PREFERENCES IPO JURISDICTION JURISDICTIONS LAW ENFORCEMENT LEGAL AUTHORITY LEGAL FRAMEWORK LEGAL INFRASTRUCTURE LEVIES LIMITED PARTNERSHIPS LOCAL GOVERNMENT MARKET CAPITALIZATION MARKET INTERMEDIARIES MARKET INTERMEDIARY MARKET MANIPULATION MARKET PARTICIPANTS MARKET STRUCTURE MARKET SURVEILLANCE MARKET TRANSACTIONS MARKET VALUE MARKET-MAKER MONETARY FUND MONEY LAUNDERING MONEY MARKET MUTUAL FUNDS NATIONAL TREASURY NEW PRODUCTS PENSION PENSION FUNDS PORTFOLIO PORTFOLIO MANAGERS PORTFOLIOS PRIVATE SECTOR DEVELOPMENT PROMISSORY NOTES PUBLIC COMPANIES PUBLIC COMPANY PUBLIC OFFERINGS PUBLIC POLICY REGULATOR REGULATORY AUTHORITIES REGULATORY AUTHORITY REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY OVERSIGHT REGULATORY REGIME REGULATORY STANDARDS REGULATORY SYSTEM REGULATORY SYSTEMS REPAYMENT RESERVE RESERVE BANK RETURN RISK MANAGEMENT SAVINGS SECONDARY MARKET SECONDARY MARKET TRADING SECURITIES SECURITIES EXCHANGES SECURITIES MARKET SECURITIES MARKETS SECURITIES REGULATION SECURITIES TRANSACTIONS SELF-REGULATION SETTLEMENT SETTLEMENT SERVICES SHAREHOLDER SHAREHOLDERS SHORT-TERM DEBT SPOT MARKET STOCK EXCHANGE STOCKS SWAP SYSTEMIC RISK TAX TRADES TRADING ACTIVITIES TRADING ACTIVITY TRADING MARKET TRADING PLATFORM TRADING SYSTEM TRADING SYSTEMS TRANSPARENCY TURNOVER UNDERWRITER VALUATION VOLATILITY WARRANTS This is an update of the International Organization of Securities Commissions (IOSCO) assessment that was performed in 2000 as part of the Financial Sector Assessment Program (FSAP) of South Africa. South Africa has made substantial progress in addressing the recommendations of the 2000 FSAP and is continuing to build upon these accomplishments. South Africa was one of the first countries to adopt the International Financial Reporting Standards promulgated by the International Accounting Standards Board. The Department of Trade and Industry (DTI) has the legal authority to register all companies in South Africa, including public companies and to set and enforce disclosure requirements and accounting standards. Significant amendments to the Companies Act dealing with this responsibility were enacted in 2007 and recently in 2009. DTI has not implemented the 2007 or 2009 amendments. Going forward, careful examination should be given to whether the authority and responsibility for these functions should continue in the DTI or be reassigned by Parliament to the Financial Services Board (FSB). 2013-02-26T22:42:06Z 2013-02-26T22:42:06Z 2010-10 http://documents.worldbank.org/curated/en/2010/10/16302994/south-africa-iosco-principles-securities-markets-detailed-assessment-implementation http://hdl.handle.net/10986/12514 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work Africa South Africa |