01925cas a2200241 a 4500 AALejournalIMF015068 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498364454 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. South Africa : Financial Sector Assessment Program-Detailed Assessment of Observance on the Insurance Core Principles. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (137 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 paper discusses key findings of the Detailed Assessment of Observance on the Insurance Core Principles on South Africa. Insurance regulatory and supervisory regime in South Africa is in transition. Currently, the Financial Services Board (FSB-SA) regulates the nonbanking financial services industry, including the insurance sector, in South Africa. With the goal of achieving a safer financial sector to serve South Africa better, the government has proposed major changes in the financial sector. The four policy objectives are: financial stability, consumer protection and market conduct, financial inclusion, and combating financial crime. Market realities in the insurance sector pose significant regulatory challenges, which are well recognized by the authorities. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/056 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/056/002.2015.issue-056-en.xml IMF e-Library