for subscribers

Twin peaks bill makes way back to parliament

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Cape Town – National Treasury released two new documents on Thursday which form part of government’s financial sector regulation programme.

The Financial Sector Regulation Bill (also called Twin Peaks) will make its way back to Parliament when the legislature resumes its activities on August 16, and National Treasury has therefore released its formal responses to Parliament following comments received from the public.

In addition to comprehensive comments in response to the public hearings, National Treasury also published a further draft of the bill to cater for the comments submitted.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.38
(-0.05)
ZAR/GBP
22.72
(-0.10)
ZAR/EUR
20.56
(-0.12)
ZAR/AUD
12.45
(-0.12)
ZAR/JPY
0.16
(-0.19)
Gold
1942.90
(+0.07)
Silver
26.42
(+0.07)
Platinum
941.16
(+0.46)
Brent Crude
44.74
(-0.36)
Palladium
2104.73
(+0.41)
All Share
57077.48
(-0.60)
Top 40
52737.48
(-0.65)
Financial 15
10156.41
(-0.69)
Industrial 25
75107.47
(-0.84)
Resource 10
58926.78
(-0.40)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 1011 votes
It depends on how the funds are used.
74% - 6768 votes
No. We should have gotten the loan elsewhere.
16% - 1429 votes
Vote