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Financial Markets Act, 2012 (Act No. 19 of 2012)

Chapter VII : General Provisions Applicable to Market Infrastructures

59. Annual assessment

 

The Authority, in consultation with the Prudential Authority, must annually assess, whether a licensed market infrastructure

(a) complies with this Act, the Financial Sector Regulation Act and the rules of the market infrastructure;
(b) where applicable, complies with directives, and the requests, conditions or requirements of the Authority in terms of a financial sector law; or
(c) where applicable, gives effect to decisions of the Tribunal.

 

[Section 59 substituted by section 290, item 41 of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018)]