South Africa continues to make progress in market conduct regulation, deputy governor says

Sarb in communication with regulators about revised code of conduct

Daniel Mminele
Sarb in communication with regulators about revised code of conduct

The next step in the creation of a code of conduct for South African wholesale over-the-counter financial markets will be completed in the "coming months", a deputy governor of the South African Reserve Bank (Sarb) said today (February 18).

Speaking at the G-30 forum on Banking Conduct and Culture in Pretoria, Daniel Mminele outlined the nation's new approach to market conduct regulation.

"The code is overarching and does not substitute market- or product-specific codes," Mminele said. "Where

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