Twin Peaks regulation and the COFI Bill: An overview

About the course

In the "twin peaks" model of financial services regulation, introduced by the FSR Act, the regulating authorities of the financial services sector are divided into two centres: the Prudential Authority and the Financial Sector Conduct Authority. The Conduct of Financial Institutions ("CoFI") bill means further developments in the industry.

This eight-hour course aims to demystify the relevant legislation that governs the twin peaks regulatory environment and aid participants in understanding the fundamentals of the CoFI bill.

Course content

• Description of the twin peaks model
• Triggers for implementing the twin peaks model in South Africa
• How South Africa has implemented twin peaks model
• An overview of how the Twin peaks model has been adopted by Australia and the UK
• Review of the CoFI bill
• The CoFI Bill, Conduct Standards and the Financial Sector Conduct Authority's Regulation Plan
• Key persons & fit-and-proper (expanded scope)
• Treating Customers Fairly (TCF) as hard law
• Governance, conflicts & remuneration
• Transformation policy & reporting

Registration

Register and enrol directly with the course provider.

More information

Twin Peaks regulation and the COFI Bill: An overview

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