THE FINANCIAL MARKETS ACT, 2012 COMES INTO EFFECT ON 3 JUNE 2013

Monday, June 03, 2013
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The Financial Markets Act, 2012 (FMA) comes into operation on 3 June 2013 and will repeal the Securities Services Act, 2004 that has governed the regulation of securities services in South Africa since 2005. The FMA primarily focuses on the regulation of securities exchanges, central securities depositories, clearing houses and their respective members.

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