Financial Markets Act, 2012 (Act No. 19 of 2012)Chapter VII : General Provisions Applicable to Market Infrastructures62. Conflicts of interest |
A market infrastructure must, where applicable, take necessary steps to avoid, eliminate, disclose and otherwise manage possible conflicts of interest between its regulatory functions and its commercial services, which steps must include—
| (a) | the implementation of appropriate arrangements, which arrangements must comply with the requirements prescribed by the Authority, be documented and be publicly available; and |
| (b) | an annual assessment, in accordance with conduct standards or joint standards, of the arrangements referred to in paragraph (a), the results of which must be published. |
[Section 62(b) substituted by section 290, item 44 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)]