Sarb offers insight into its macro-prudential toolkit
Central bank begins to outline macro-prudential tools needed to enforce financial stability mandate
The South African Reserve Bank (Sarb) has issued a consultation document on a proposed macro-prudential toolkit, after the recent passage of the Financial Stability Review Bill cemented its financial stability mandate.
Published today (November 9), the discussion paper, A new macroprudential policy framework for South Africa, outlines the Sarb's proposed approach to executing financial stability policy. The document covers institutional structure, the objectives of macro-prudential policy, and
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