Statutes section 164
Section 164
In force date not confirmed
164. (1) The power of the Prudential Authority to make prudential standards extends to making prudential standards that must be complied with by holding companies of 35 financial conglomerates.
(2) In addition to the matters referred to in sections 105 and 108, a prudential standard contemplated in subsection (1) may include requirements with respect to—
(a) financial or other exposures of companies within financial conglomerates;
(b) the governance and management arrangements for holding companies of 40 financial conglomerates;
(c) reporting of information about companies within financial conglomerates that are not financial institutions; and
(d) reducing or managing risks to the safety and soundness of an eligible financial institution arising from the other members of the financial conglomerate. 45
(3) The power of the Financial Sector Conduct Authority to make conduct standards extends to making such standards to be complied with by holding companies of financial conglomerates.
This gazette is also available free online at www.gpwonline.co.za
<!-- page: 175 -->
GOVERNMENT GAZETTE, 22 AUGUST 2017
No. 41060 175
Molao wa Taolo ya Lephata la Ditshelete, 2017
Nmr 9 ya 2017
173
(5) (a) Fa—
(i) Bothati jwa Tlhokomelo bo ka naya setlamo se se laolang kitsiso go ya ka karolotlaleletso (1); kgotsa
(ii) setlamo se se laolang se abetswe laesense go ya ka molao wa lephata la ditshelete,
leloko lengwe le lengwe la setlhopha sa ditlamo mo setheong se se kopantsweng sa ditshelete, (go akaretsa le setheo sa ditshelete se se matshwanedi) le tshwanetse, ka pateletso ka setlamo se se laolang, go tlamela setlamo se se laolang ka tshedimosetso nngwe le nngwe e e tlhokegang go kgontsha setlamo se se laolang go ikamanya le le ditlamego tsa sona go ya ka Mola o ono kgotsa molao o o tsepameng wa lephata la ditshelete.
(b) Go tsenya mo tirisong temana (a), setlamo se se laolang sa setheo se se kopantsweng sa ditshelete se tshwanetse go pateletsa melawana e tlamang ya ditlamo ka ga, kgotsa go dira tumalano e e tlamang le, maloko a setheo se se kopantsweng sa ditshelete, e e akaretsang dipeelo mabapi le tiragatso ya tshedimosetso, go akaretsa tshedimosetso ya bowena, mo setheong sa ditshelete se se kopantsweng.
# Dikgwebo tse di okameng tse dingwe tse di sa direng tsa ditheo tsa ditshelete tse di kopaneng