n Annual Survey of South African Law - Financial institutions




Two important Acts of Parliament that impact on financial institutions came into effect during the course of 2013. These are the Credit Rating Services Act 24 of 2012 and the Financial Markets Act 19 of 2012. Both statutes were discussed in detail in the 2012 edition of the (see Natania Locke & Irene-marie Esser 'Corporate Law (Including Stock Exchanges)' 2012 200 ff). The cursory comments on these two Acts, provided below, serve to highlight the relevance of these two Acts for financial institutions in general.


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