National Environmental Management Act, 1998 (107 of 1998)
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter VIII : Conduct Standards74. Conduct standards for regulated persons |
[Section 74 heading substituted by section 290, item 53(a) of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018)]
| (1) | Conduct standards may prescribe requirements in relation to— |
| (a) | authorised users, participants or clearing members of independent clearing houses or central counterparties; or |
| (b) | any other regulated person, where the required standard of conduct is not prescribed in another law or conduct standard, and a conduct standard is necessary or expedient for the achievement of the objects of this Act. |
[Section 74(1) substituted by section 290, item 53(b) of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018)]
| (2) | A conduct standard is binding on authorised users, participants or clearing members of independent clearing houses or any other regulated person in respect of whom the code of conduct was prescribed, as the case may be, and on their officers and employees and clients. |
[Section 74(2) substituted by section 290, item 53(c) of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018)]
