Prudential Authority of the South African Reserve Bank

E266511

The Prudential Authority of the South African Reserve Bank is the statutory financial regulator responsible for overseeing the safety and soundness of banks, insurers, and other key financial institutions in South Africa.

All labels observed (2)

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Statements (46)

Predicate Object
instanceOf financial regulatory authority
prudential regulator
statutory body
appliesRegulatoryFramework Basel standards for banks
Solvency-related standards for insurers
collaboratesWith National Treasury
surface form: National Treasury of South Africa

international standard-setting bodies
other domestic financial regulators
cooperatesWith Financial Sector Conduct Authority
country South Africa
employer financial sector regulators
prudential supervisors
governs licensing of certain financial institutions
hasAbbreviation PA
hasMandateFrom Parliament of South Africa
hasRegulatoryObjective promote and enhance the safety and soundness of regulated financial institutions
protect financial customers by promoting a stable financial system
headquartersLocation Gauteng
Pretoria, South Africa
surface form: Pretoria

South Africa
implementsPolicy macroprudential policy measures within its mandate
jurisdiction South Africa
languageOfWork English
legalBasis Financial Sector Regulation Act, 2017
South African legislation
locatedInTimeZone Central Africa Time
surface form: South African Standard Time
oversees capital adequacy of banks
risk management of regulated institutions
solvency of insurers
parentOrganization South African Reserve Bank
partOf Twin Peaks model of financial regulation in South Africa
regulates banks
certain financial market infrastructures
co-operative financial institutions
financial conglomerates
insurers
regulatoryApproach risk-based supervision
regulatoryFocus financial stability
safety and soundness of financial institutions
sector financial regulation
subOrganizationOf South African Reserve Bank
supervises systemically important financial institutions in South Africa
typeOfRegulation prudential supervision
usesCurrency South African rand
website https://www.resbank.co.za/en/home/what-we-do/Prudential-Authority
worksTo reduce systemic risk in the South African financial system

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Johannesburg Stock Exchange regulator Prudential Authority of the South African Reserve Bank
JSE Limited hasRegulator Prudential Authority of the South African Reserve Bank
this entity surface form: Prudential Authority of South Africa
Strate regulatesOrOverseenBy Prudential Authority of the South African Reserve Bank
this entity surface form: Prudential Authority of South Africa