| Autor: |
Pumela Msweli, Dexter L. Ryneveldt |
| Jazyk: |
angličtina |
| Rok vydání: |
2023 |
| Předmět: |
|
| Zdroj: |
Ovidius University Annals: Economic Sciences Series, Vol XXIII, Iss 1, Pp 153-161 (2023) |
| Druh dokumentu: |
article |
| ISSN: |
2393-3127 |
| Popis: |
This paper examines the institutionalisation of the Financial Services Regulations Act, in South Africa which gave effect to a Twin Peaks Financial Regulation Model. The aim of the paper is to introduce an institutional logics framework that financial services institutions may use to identify enabling and disabling institutional assumptions, principles and values that lead to a successful institutionalisation of a Twin Peaks Financial Regulatory Model in a developmental state. Institutional logics, a strand of institutional theory, is the lens through which this paper examines the institutionalisation of the Twin Peaks regulatory regime in South Africa. South Africa is the only country in the African continent that has implemented the Twin Peaks regulatory Model; and is one of only 38 OECD countries that implemented the Twin Peaks model. The paper critiques the societal and institutional considerations that shaped the development of the Twin Peaks Model in South Africa. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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