Broad-Based Black Economic Empowerment Act, 2003
R 385
Banks Act, 1990 (Act No. 94 of 1990)RegulationsRegulations relating to banks - 2013Chapter III : Corporate Governance43. Public disclosureSubregulation (2)(d) Types of risk to which the bank is exposed |
(d) | Types of risk to which the bank is exposed |
In respect of each type of risk envisaged in regulation 39(3), that is, for example, credit risk, market risk, operational risk, interest-rate risk in the bank's banking book or currency risk, a bank shall disclose sufficiently detailed information in respect of the bank's risk-management objectives and policies, including information in respect of—
(i) | the bank's strategies and processes; |
(ii) | the structure and organisation of the relevant risk management functions; |
(iii) | the scope and nature of the bank's risk reporting and/or risk-measurement systems; |
(iv) | the bank's policies relating to hedging and/or risk mitigation and the bank's strategies and processes in order to monitor the continued effectiveness of hedges or risk-mitigation instruments. |