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ARTICLE · 10 NOVEMBER 1995

Restructuring of the JSE

JSE Securities Exchange South Africa
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South AfricaAntitrust/Competition Law
The Research sub-Committee ("the sub-Committee"), under the chairmanship of Professor Michael Katz, was formed by the JSE Committee some three years ago in anticipation of the significant changes in the South African political and economic environment. The terms of reference of the sub-Committee were: "to advise on how the JSE should be restructured as South Africa enters a new era and to identify any impediments to any such restructuring."

The sub-Committee published a 500 page report in April 1994 ("Research Report") which covered an extensive range of issues and resulted in 126 recommendations. The JSE Committee adopted the majority view recommendations and a timetable for the implementation of the recommendations was published in August 1994.

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