The FSB would like to encourage all its stakeholders and interested parties to participate in the consultation process initiated by the publication of A safer financial sector to serve South Africa better in February 2011, and the proposals for implementation of the Twin Peaks Model, published on 1 February this year.
The report is available on the Moonstone Website. Please click here.
The article below contains more detail on what is proposed in the implementation of the new model.
All comments should be sent to the Head of the Financial Regulatory Reform Steering Committee (FRRSC) Secretariat, Mr Unathi Kamlana, via fax to 012 313 4974 or by email to twinpeaks@resbank.co.za by 8 March 2013. Comments received will be considered in finalising the ensuing legislative proposals.