To provide for the regulation of financial markets; to license and regulate exchanges, central securities depositories, clearing houses and trade repositories; to regulate and control securities trading, clearing and settlement, and the custody and administration of securities; to prohibit insider trading, and other market abuses; to provide for the approval of nominees; to provide for codes of conduct; to replace the Securities Services Act, 2004, as amended by the Financial Services Laws General Amendment Act, 2008, so as to align this Act with international standards; and to provide for matters connected therewith.

Latest Developments:

Financial Sector Laws Amendment Act 23 of 2021 has updated and made Amendments to:

Banks Act 1990

Competition Act 1998

Co-operative Banks Act 2007

Companies Act 2008

Financial Institutions (Protection of Funds) Act 2001

Financial Markets Act 2012

Financial Sector Regulation Act 2017

Insolvency Act 1936

Insurance Act 2017

Mutual Banks Act 1993

South African Reserve Bank Act 1989

as per Notice No. 789, of GG45825, dated 28 January 2022

The Financial Markets Act, 2012 (Act No. 19 of 2012), has been updated by Approved Amendments to the JSE Debt Listing Requirements-Sustainability, as per Board Notice 220 of GG45954 dated 25 February 2022.

The Financial Markets Act, 2012 (Act No. 19 of 2012), has been updated by Approved Amendments to the JSE Interest Rate and Currency Derivatives Rules and the JSE Derivatives Rules, as per Board Notice 130 of GG45328 dated 15 October 2021.

The Financial Markets Act, 2012 (Act No. 19 of 2012), has been updated by Approved Amendments to the JSE Derivatives Rules, as per Board Notice 127 of GG45250 dated 1 October 2021.

The Financial Markets Act, 2012 (Act No. 19 of 2012) has been updated by Board Notices, Approved Amendments to the JSE Debt Listings Requirements – Sustainability Segment as per Board Notice 68 of GG43462 dated 22 June 2020.

The Financial Markets Act, 2012 (Act No. 19 of 2012) has been updated by Board Notices, Approved Amendments to the A2 X Trading Rules as per Board Notice 95 of GG41827 dated 10 August 2018.

The Financial Markets Act, 2012 (Act No. 19 of 2012), has been updated by Financial Markets Act Regulations, Notice No. R. 98 of 2018, Government Gazette 41433 dated 9 February 2018.

The Financial Markets Act, 2012 (Act No. 19 of 2012) has been amended by Financial Services Board, Prescribed Fees, Board Notice 137 of 2015, Government Gazette 38998, dated 17 July 2015.

The Financial Markets Act, 2012 (Act No. 19 of 2012) has been amended by Financial Services Laws General Amendment Act, 2013. Government Gazette 37351 dated 18 February 2014.

The Financial Markets Act, 2012 (Act No. 19 of 2012) was added to the website by Government Gazette 36121, dated 1 February 2013.