Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter VII : General Provisions Applicable to Market Infrastructures59. Annual assessment |
The Authority, in consultation with the Prudential Authority, must annually assess, whether a licensed market infrastructure—
| (a) | complies with this Act, the Financial Sector Regulation Act and the rules of the market infrastructure; |
| (b) | where applicable, complies with directives, and the requests, conditions or requirements of the Authority in terms of a financial sector law; or |
| (c) | where applicable, gives effect to decisions of the Tribunal. |
[Section 59 substituted by section 290, item 41 of Schedule 4, of the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017), Notice No. 853, GG 41060, dated 22 August 2017 - effective 9 February 2018 (Notice R. 99, GG 41433, dated 9 February 2018)]