Book contents
- The Cambridge Handbook of Twin Peaks Financial Regulation
- The Cambridge Handbook of Twin Peaks Financial Regulation
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Foreword
- Acknowledgements
- 1 Introduction
- Part I Surveying the Terrain
- Part II The Trek towards Twin Peaks
- 5 Twin Peaks in Australia
- 6 Twin Peaks Financial Regulation in New Zealand
- 7 Identifying Lessons and Best Practices for the Twin Peaks Model
- 8 Twin Peaks in South Africa
- 9 The Role of the SARB as Central Bank in the South African Twin Peaks Model
- Part III Different Topographies
- Part IV Seismic Activity and Fault Lines
8 - Twin Peaks in South Africa
from Part II - The Trek towards Twin Peaks
Published online by Cambridge University Press: 24 June 2021
By
Book contents
- The Cambridge Handbook of Twin Peaks Financial Regulation
- The Cambridge Handbook of Twin Peaks Financial Regulation
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Foreword
- Acknowledgements
- 1 Introduction
- Part I Surveying the Terrain
- Part II The Trek towards Twin Peaks
- 5 Twin Peaks in Australia
- 6 Twin Peaks Financial Regulation in New Zealand
- 7 Identifying Lessons and Best Practices for the Twin Peaks Model
- 8 Twin Peaks in South Africa
- 9 The Role of the SARB as Central Bank in the South African Twin Peaks Model
- Part III Different Topographies
- Part IV Seismic Activity and Fault Lines
Summary
This chapter outlines the Twin Peaks system as it has been adapted to South Africa, the first emerging market to adopt the model. It first outlines why Twin Peaks was judged to be the best system for South Africa. Then it describes the institutions that make up the South African version of Twin Peaks, best described by one member of Parliament as ‘a mountain, two peaks and some molehills’. After highlighting certain aspects of the system and its challenge, the chapter concludes by noting again that the journey to Twin Peaks in South Africa has been a long one, and is not yet quite over.
- Type
- Chapter
- Information
- The Cambridge Handbook of Twin Peaks Financial Regulation , pp. 133 - 152Publisher: Cambridge University PressPrint publication year: 2021