01866cas a2200241 a 4500 AALejournalIMF015064 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498393287 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. South Africa : Financial Sector Assessment Program-Reforms in the OTC Derivatives Market-Technical Note. Washington, D.C. : International Monetary Fund, 2015. 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 This Technical Note analyzes over-the-counter (OTC) derivatives market reforms in South Africa and identifies vulnerabilities that may potentially impact financial stability. South Africa is committed to reform its OTC derivatives market to reduce vulnerabilities and increase transparency. Reforms are being implemented through the Financial Market Act and Regulations for banks, reflecting the Basel III capital requirements. Swift progress on the consultation and issuance of FMA regulations, trade repository regulations, and related notices are warranted to proceed with reforming the OTC derivatives market. Secondary legislation still needs to be finalized and will contain requirements for financial market infrastructures. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/052 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/052/002.2015.issue-052-en.xml IMF e-Library