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Chapter Three discusses the structure of banking, regulation, and the national payment system in South Africa, highlighting the roles of the Bank for International Settlements (BIS) and the Basel Committee on Banking Supervision (BCBS) in promoting financial stability. It details the National Payment System (NPS) overseen by the South African Reserve Bank (SARB), which ensures efficient and safe payment processes, and describes the various payment networks, clearing houses, and settlement systems involved.

Author
Marolize
Language
EN