South Africa : Financial System Stability Assessment, Including Report on the Observance of Standards and Codes on the following topic; Securities Regulation.

This paper discusses the Financial System Stability Assessment for South Africa, and reviews the Report on the Observance of Standards and Codes on Securities Regulation. The assessment reveals that South Africa's sophisticated financial system is fundamentally sound and has so far weathered th...

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সংস্থা লেখক: International Monetary Fund
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 2008.
মালা:IMF Staff Country Reports; Country Report ; No. 2008/349
অনলাইন ব্যবহার করুন:Full text available on IMF
বিবরন
সংক্ষিপ্ত:This paper discusses the Financial System Stability Assessment for South Africa, and reviews the Report on the Observance of Standards and Codes on Securities Regulation. The assessment reveals that South Africa's sophisticated financial system is fundamentally sound and has so far weathered the global financial market turmoil without major pressures. Banks and insurance companies have enjoyed good profitability, capitalization levels, and reserves. The financial sector regulatory framework is modern and generally effective. Stress tests suggest that capital and reserve cushions at banks and insurance companies are sufficient to absorb large shocks.
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দৈহিক বর্ননা:1 online resource (65 pages)
বিন্যাস:Mode of access: Internet
আইএসএসএন:1934-7685
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