Meanwhile, the imminent establishment of the Corporation for Deposit Insurance (CDI), as a subsidiary of the SARB, will provide explicit guarantees to protect depositors should a bank ever fail. As a result, not only will depositor confidence in the banking system be enhanced; the CDI will also assist government that, in the past, may have compensated depositors with taxpayers’ money.
Financial sector supervision and regulation  As you will recall, the FSR Act lays the foundation and the financial system regulatory architecture of the Twin Peaks model.