Cliffe Dekker Hofmeyr's Finance, Projects and Banking practice,
having identified the potential impact that the Act will have on the financial
services sector, have been closely monitoring the Act and its progression
through the legislative process so as to ensure that we are well-equipped to
attend to our client's needs.
The Act aims to promote the establishment and development of
sustainable and responsible co-operative banks, thereby promoting access to
financial services for people who have no access to formal banking services.
The document is available for download
here.