South Africa Plans Tighter Rules for Its Sprawling Repo Market

South Africa is taking significant steps to enhance oversight of its repo market by planning to impose maximum limits on the assets used for securities trading. This move aims to create a more unified regulatory framework for a multi-billion dollar market, which is crucial for maintaining financial stability and investor confidence. By tightening these rules, the financial regulator hopes to mitigate risks and promote transparency, ultimately benefiting the economy.