South Africa’s experience – looking for a pro-active approach Before I conclude, allow me to provide some detail about South Africa’s efforts in trying to keep ahead of the pack when it comes to entrenching and maintaining ethical market conduct, and also highlight the current and envisaged role and contribution of the ACI in this regard.
For quite a while, the local chapter of ACI has been engaged in consultations with the Financial Services Board to ensure that the current regulatory exams are adequate for ACI accreditation. The process is has not been finalised yet, however, the Financial Services Board has embarked on an initiative to get this done as soon as possible.