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South Africa: National Treasury Publishes Financial Sector Regulations
Source: www.sanews.gov.za
Source Date: Tuesday, December 19, 2017
Focus: Citizen Engagement, Internet Governance
Country: South Africa
Created: Dec 19, 2017

The draft regulations clarify the performance of functions in terms of the FSRA during the transitional period prior to the establishment of the PA, FSCA and the Financial Services Tribunal.
The draft regulations also provide for the advertising of positions, the establishment of panels to consider, short-list, interview, and recommend candidates for appointment.
Section 61(4) of the FSRA requires the Finance Minister to make regulations that provide a process for the appointment of the Commissioner and Deputy Commissioners of the FSCA.
The draft regulations can be found on www.treasury.gov.za.
Written comments on the draft Regulations should be submitted to commentdraftlegislation@treasury.gov.za by close of business on 31 January 2018. 

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