Month: December 2012

JSE first in world to be CPSS-IOSCO compliant

Safcom, the clearing house of Johannesburg Stock Exchange (JSE), is first in world to achieve CPSS-IOSCO compliance. Basel III, the global regulatory standard on banking regulations including capital adequacy, imposes prohibitive capital penalties on banks which deal with clearing houses

Posted in Bourse Consult Case Study, CCP, Clearing & Settlement, Rules & Regulation Tagged with: