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South Africa

Author: Risk magazine staff

Source: Risk magazine | 05 Mar 2010

Categories: Regulation

Topics: South Africa, Liquidity risk, Risk South Africa, Commodities, Hedge funds

South Africa holds the distinction of having survived the financial crisis with its banks intact – but that does not mean the local industry can avoid...

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Esma is required to write much of the technical standards for Emir by June 30 – but the regulation has only just been finalised, and the authority had just 75 full-time staff at the end of 2011 (www.risk.net/2142483). Will it meet the deadline? Should Esma be given more resources?

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