01745cas a2200241 a 4500 AALejournalIMF006909 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455212774 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. South Africa : Report on the Observance of Standards and Codes on Banking Supervision, Insurance Supervision, and Securities' Regulation. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (44 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In South Africa, long-term insurers experienced some strains during the financial crisis, but there were no crisis-related failures. The capital markets suffered sharp declines but no systemic failures. The three standards assessments have found the regulatory system fundamentally sound. The National Treasury has authority to set and oversee national regulatory policy. Banking supervision is effective and has contributed to reducing the impact on the financial sector of the global financial crisis. Insurance regulation is sound and while the assessment identifies areas for development, these are being addressed. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/352 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/352/002.2010.issue-352-en.xml IMF e-Library