Regulatory Alerts2017-03-28
Financial Institutions (Investment of Funds) Act 39 of 1984
Issued by the national financial regulatory authority, the Financial Institutions (Investment of Funds) Act 39 of 1984 establishes binding requirements for how licensed entities allocate, manage, and report on their capital reserves. The legislation mandates strict compliance standards for fund investments, requiring regular risk assessments and fiduciary oversight to protect stakeholder interests. Updated most recently in October 2024, the Act continues to serve as the primary legal framework ensuring stability and transparency across domestic financial markets.
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