Statistics Act, 1999
R 385
Financial Markets Act, 2012 (Act No. 19 of 2012)RegulationsFinancial Markets Act RegulationsChapter VI : Central Counterparties40.11 Time horizons used when performing tests |
| (1) | The time horizons used for stress tests must be defined in accordance with Regulation 40.5 and must include forward-looking extreme but plausible market conditions. |
| (2) | The historical time horizons used for back tests must include data from at minimum the most recent year or as long as a central counterparty has been clearing the relevant financial instrument if that is less than a year. |
