
R 385.00
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)Chapter 4 : Financial Sector Conduct AuthorityPart 2 : Governance62. Roles of Commissioner and Deputy Commissioners |
(1) | The Commissioner— |
(a) | is responsible for the day-to-day management and administration of the Financial Sector Conduct Authority; and |
(b) | subject to section 60(3)(b), must perform the functions of the Financial Sector Conduct Authority, including exercising the powers and carrying out the duties associated with those functions. |
(2) | The roles of the Deputy Commissioners are determined by the Executive Committee. |
(3) | When acting in terms of subsection (1) or (2), the Commissioner or a Deputy Commissioner must implement the policies and strategies adopted by the Executive Committee. |