ECO4100Z, 2024: SECURITIES LEGISLATION
AUGUST EXAMINATION
TIME: 2 HOURS
MARKS: 80
QUESTION 1
was implemented in South Africa on 1 April
The tw~n peaks_ mod_el of financial regulation
f
d
h
t
1 ref erence o ot er mo eIs o
cial Sector Regulation Act, 2017 . w·th
Finan
the
2018 v,a
.
this regulatory reform was needed in South
fin~nc,al regulation, discuss whether you think
Africa or not.
25
QUESTION 2
a
t manager and are responsible for analysing
You are an _analyst for an institutional asse
of the aspects of this analysis is the level of
num ber of h_sted South African companies. One
governance 1n these companies.
s)
Why is this analysis impo rtant t~ you? (6 mark
e that you look for in the companies
Wha t are some of the major aspects of governanc
you analyse? (14 marks)
A.
B.
20
QUESTION 3
gers or the actual asset owners) have been
Insti tutio nal investors (eith er the asset mana
ensuring good ESG (Environmental, Social and
encouraged to play a far greater role in
they invest in.
'\.,.,.,v
Governance) behaviour in the companies that
(
This principle of responsible investing as
investing'' or "sustainable finance".
le
evolved into a concept known as "sustainab
of
rs meant to give effect to the obligation
How are asset managers and asset owne
er.
e wha t "sustainable investing" is in your answ
~ustainable investing? Ensure that you defin
(
I
30
VJ .
I
~\
, l
/'
)
QUESTION 4
.
.
l '
•
.
I
t on financial institutions impl eme nting anti
Why wou ld the South African legislature in~is
.'
some of these key
~on ey laundering contr_ols? Provide examples of
controls._
1
5
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