Issuer Regulation

The JSE currently acts as the frontline regulator, setting listings requirements and enforcing trading rules. The Financial Sector Conduct Authority, supervises the JSE in the commission of its regulatory duties and, as the JSE has no criminal or civil jurisdiction, processes any cases where legislation has been contravened.

A new regulatory oversight framework – the ‘twin peaks’ model’ has recently been introduced in the South African financial market. The two new ‘twin peaks’ regulators: Prudential Authority (PA) and the Financial Sector Conduct Authority (FSCA), were established on 1 April 2018. The PA, responsible for prudential supervision of banks, insurance companies and market infrastructures (e.g. exchanges and clearing houses), was established within the Reserve Bank. The FSCA, responsible for the supervision of the conduct of financial institutions including market infrastructures, replaces the Financial Services Board.

The JSE will continue to act as frontline regulator, reporting to the FSCA as the lead regulator.

South Africa was ranked third in the world in terms of the regulation of securities exchanges in the World Economic Forum’s Global Competitiveness Survey for 2016- 2017. This is an accolade for both the JSE and its regulators. ​.

​Conflicts Officer
Alwyn Fouchee ​+27 11 520 7678
​ ​ ​Refer to Useful Links for access to the Issuer Regulation Conflicts of Interest Policy
​Continuing Obligations Department:​Sipho Mhlambi​+27 11 520 7050
Corporate Finance Department: Annalie de Bruyn +27 11 520 7063
Tania Wimberley +27 11 520 7067
​Investigations Department:​Nadia Jada​+27 11 520 7968
​SENS Department:​Johanna van der Merwe​+27 11 520 7155

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