The Science Of ...

Banking regulation… it’s boring, but it has already saved us all at least once

Banking regulation… it sounds boring, but it impacts on our livelihoods in a direct way many fail to realise.

It saved South Africa from the worst effects of the Global Financial Crisis when it smashed the world economy in 2008.

South African banks didn’t own pensions in Iceland.

They didn’t own sub-prime property in America.

They didn’t get caught up in that same mess.

Why?

It’s not because they were enlightened, or somehow “better” than those in other countries.

It’s because they were well regulated.

The Money Show’s Bruce Whitfield interviewed Kuben Naidoo for his weekly “The Science Of” feature.

Naidoo is the Deputy Governor and CEO of the Prudential Authority at the South African Reserve Bank.

He spoke about the ins and outs of banking regulation.

Listen to the interview in the audio below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our mailing list

* indicates required

Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Daily Maverick – pivotal to democracy (e.g. #GuptaLeaks) – asks for a donation

Daily Maverick – pivotal to democracy (e.g. #GuptaLeaks) – asks for a donation

The Money Show’s Bruce Whitfield interviews Daily Maverick Publisher Styli Charalambous.

Costa Rica went from broken and poor to brilliant and prosperous in 15 years

Costa Rica went from broken and poor to brilliant and prosperous in 15 years

A story of hope for South Africa. The Money Show's Bruce Whitfield interviews Dr Adrian Saville (Cannon Asset Managers, Gibs)

Investing in art 101 (a dummies' guide)

Investing in art 101 (a dummies' guide)

The Money Show’s Bruce Whitfield interviews Julie Miller, founder of the Julie Miller Investment Art Institute.

South Africa’s draft Mining Charter 3 for dummies (highly intelligent ones)

South Africa’s draft Mining Charter 3 for dummies (highly intelligent ones)

The Money Show’s Bruce Whitfield interviews Strata Legal (Pty) Ltd Director Brandon Irsigler.

How ‘mature’ leaders create value (and how destructive immature one always are)

How ‘mature’ leaders create value (and how destructive immature one always are)

Who comes to mind? The Money Show’s Bruce Whitfield interviews Rob Worthington-Smith, founder of FarSightFirms.

Hillbrow, Ponte City (don’t be scared) is where it’s at. How to experience it...

Hillbrow, Ponte City (don’t be scared) is where it’s at. How to experience it...

The Money Show’s Bruce Whitfield interviews Dlala Nje founders Nickolaus Bauer and Michal Luptak.

Popular articles
Parents no longer have to travel with children's birth certificates

Parents no longer have to travel with children's birth certificates

The new Home Affairs upgrades to the system include printing parents details at the back of the child's passport.

SA-made Rolkem cake decoration products may not be safe to eat

SA-made Rolkem cake decoration products may not be safe to eat

The UK’s Food Standards Agency issued an advisory, claiming that Rolkem failed to confirm that their ingredients were safe to eat.

KFC South Africa’s Neymar mocking ad… so epic, Nando’s would be proud!

KFC South Africa’s Neymar mocking ad… so epic, Nando’s would be proud!

The South African ad is still trending around the world. Bruce Whitfield interviews branding and advertising expert Andy Rice.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

Criminals targeting homes with aluminium windows, warns neighborhood watch

Criminals targeting homes with aluminium windows, warns neighborhood watch

The Panorama, Welgelegen and Plattekloof Neighbourhood Watch has identified a new house break-in trend.