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The Financial Stability Board (FSB) has published the report on the peer review of South Africa. The report examines the progress in implementing two important financial reforms for South Africa that are relevant for the broader FSB membership: interagency coordination and the regulatory structure; and regulation of over-the-counter (OTC) derivatives markets. The report also includes follow-up actions reported by the South African authorities in response to the recommendations made by the International Monetary Fund (IMF) and World Bank under the 2008 Financial Sector Assessment Program (FSAP) assessment.