n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - The Financial Markets Act 19 of 2012 : some comments on the regulation of market abuse

Volume 25, Issue 4
  • ISSN : 1015-0099
  • E-ISSN: 1996-2185



A review of the regulation of financial markets in South Africa has culminated in a new Financial Markets Act 19 of 2012 (FMA), which replaced the Securities Services Act 36 of 2004 (SSA) with effect from 3 June 2013. No major new policy issues were identified in this review, but the idea was to expand the implementation of existing policy. A new Act was preferred over complex amendments to the SSA, to enhance legal certainty and simplicity.

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