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9 - The Role of the SARB as Central Bank in the South African Twin Peaks Model

from Part II - The Trek towards Twin Peaks

Published online by Cambridge University Press:  24 June 2021

By
Corlia van Heerden  and
Gerda van Niekerk
Edited by
Andrew Godwin  and
Andrew Schmulow
Andrew Godwin
Affiliation:
Melbourne Law School
Andrew Schmulow
Affiliation:
University of Wollongong, Australia
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Summary

This chapter discusses the role of the central bank in the design of the Twin Peaks model in South Africa, including the structure of the prudential regulator within the South African Reserve Bank (SARB), the mandate of the SARB in the Twin Peaks regulatory framework and the various design choices that South Africa has made in relation to the central bank.

Keywords

Twin Peaksfinancial regulationSouth Africarole of central bank
Type
Chapter
Information
The Cambridge Handbook of Twin Peaks Financial Regulation , pp. 153 - 166
Publisher: Cambridge University Press
Print publication year: 2021

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