The mandate of the South African Reserve Bank (SARB) is to protect the value of the currency in the interest of balanced and sustainable economic growth in South Africa and to protect and enhance financial stability. The Prudential Authority (PA) is a juristic person operating within the administration of the SARB. As such, the PA was established to promote and enhance the safety and soundness of licensed financial institutions, such as banks and insurers; financial conglomerates, as designated by the PA; and securities and derivative market infrastructures, such as central counterparties (CCPs), central securities depositories (CSDs), clearing houses, trade repositories (TRs) and exchanges. The PA is also responsible for protecting the customers of financial institutions against the risk of these institutions failing to meet their obligations. Furthermore, the PA assists the SARB in maintaining financial stability.
To assure conducive environment for a fair, efficient, dynamic and inclusive capital market
We are the gateway to doing business in the Philippines. We provide a competitive and secure environment for fast and easy company registration, efficient capital formation, broad investor participation and business innovation.
To Develop and Regulate a Capital Market that is Dynamic, Fair, Transparent and Efficient, to Contribute to the Nation’s Economic Development