More time for input on financial markets proposals

Stakeholders now have until 20 April 2020 to comment on a discussion paper aimed at guiding the process of updating financial markets legislation in line with international and domestic developments, including ‘twin peaks’, CompliNEWS contributor Pam Saxby reports. According to the National Treasury media statement announcing this, among other things the paper covers unregulated financial markets and instruments; self-regulatory frameworks; the licensing and authorisation framework; financial technological innovation; the market abuse framework; and supporting ‘sustainable competitive environments’.