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Securities Services Act, 2004 (Act No. 36 of 2004)

Chapter I : Preliminary Provisions

2. Objects of Act

 

This Act aims to—

(a)increase confidence in the South African financial markets by—

(i) requiring that securities services be provided in a fair, efficient and transparent manner; and
(ii) contributing to the maintenance of a stable financial market environment;
(b) promote the protection of regulated persons and clients;
(c) reduce systemic risk; and
(d) promote the international competitiveness of securities services in the Republic.