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Understanding South African financial markets (Paperback, 6th ed)
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Understanding South African financial markets (Paperback, 6th ed)
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South Africa's financial markets are consistently praised as the
most advanced in Africa, while its financial regulatory system,
particularly at stock exchange level, has been judged on more than
one occasion to be the best in the world. Regulatory excellence was
no doubt an important factor in the unusual resilience displayed by
the financial sector during the global financial crisis of 2007/8.
However, South African regulatory authorities, not wanting to be
complacent, are continuing to follow international good-practice
initiatives to enhance the resilience and integrity of the
financial system. Market practitioners, too, are striving to keep
up to date with financial and technical innovation, globalisation,
increased competition and the blurring of traditional boundaries
between financial institutions and financial products and services.
Understanding South African financial markets provides a
comprehensive overview of the various aspects of South African
financial markets and the institutions that operate within them.
Understanding South African financial markets has been compiled by
practitioners from the financial markets and experienced faculty
members in economics and financial management. Each chapter starts
with study objectives relevant to the material covered. Jargon that
may be unfamiliar is explained in lay terms, and both international
and local market practices and norms are discussed where relevant.
Understanding South African financial markets is an introductory
text that should serve as a useful reference and guide for commerce
students, public servants and members of the business fraternity
alike. Karin van Wyk is the CEO of the South African Institute of
Financial Markets, a professional body for the financial markets
recognised by SAQA. SAIFM conducts examinations for the financial
markets and the JSE Ltd. She holds a BA (Law) and an LLB from the
University of Pretoria, and a BCom (Economics and Business
Economics) from Unisa. She also holds a Diploma in Financial
Markets from the University of Johannesburg.
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