South African Institute for Drug Free Sport Act, 1997
R 385
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 2 : Financial StabilityPart 1 : Powers and functions of Reserve Bank12. Monitoring of risks by Reserve Bank |
The Reserve Bank must—
| (a) | monitor and keep under review— |
| (i) | the strengths and weaknesses of the financial system; and |
| (ii) | any risks to financial stability, and the nature and extent of those risks, including risks that systemic events will occur and any other risks contemplated in matters raised by members of the Financial Stability Oversight Committee or reported to the Reserve Bank by a financial sector regulator; |
| (b) | take steps to mitigate risks to financial stability, including advising the financial sector regulators, and any other organ of state, of the steps to take to mitigate those risks; and |
| (c) | regularly assess the observance of principles in the Republic developed by international standard setting bodies for market infrastructures, and report its findings to the financial sector regulators and the Minister, having regard to the circumstances and the context within the Republic. |
