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Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Chapter 2 : Financial Stability

Part 3 : Financial Stability Oversight Committee

20. Establishment of Financial Stability Oversight Committee

 

(1) A committee called the Financial Stability Oversight Committee is hereby established.

 

(2) The primary objectives of the Financial Stability Oversight Committee are to—
(a) support the Reserve Bank when the Reserve Bank performs its functions in relation to financial stability; and
(b) facilitate co-operation and collaboration between, and co-ordination of action among, the financial sector regulators and the Reserve Bank in respect of matters relating to financial stability.