The SARB announces a partnership with UCT to host the Research Chair in Financial Stability Studies
The South African Reserve Bank (SARB) is pleased to announce a partnership with the University of Cape Town (UCT) to host the Research Chair in Financial Stability Studies. Professor Co-Pierre Georg will chair the portfolio, which will be housed within the African Institute of Financial Markets and Risk Management, an interdisciplinary research institute within UCT’s commerce faculty that focuses on risk management, financial mathematics, and financial technology.
The decision to establish a Chair in Financial Stability Studies at a South African university is aligned with the expansion of the SARB’s price stability mandate to include a financial stability objective and responsibility. South Africa’s academic offering in this area is limited and research on financial stability is still in its infancy compared to monetary policy. Expanding capacity and an enhanced understanding of financial stability in the country is crucial to the execution of the SARB’s financial stability mandate.
The Chair will develop an agenda that will produce a stream of research, which is relevant for the SARB, on managing regulatory complexity, financial interconnectedness, computational models, the regulation of blockchain technologies and crypto-assets. The funding is intended to support not only the appointment of the Chair, but also teaching and research on financial-stability-related issues, partly through support for Master’s and Doctoral students and postdoctoral research fellows in the area of financial stability. UCT will also introduce a Master's course on Financial Stability Analysis.
The SARB is looking forward to positive outcomes from the teaching and research programmes on financial stability that will be established by the Chair, and it hopes to continue strengthening its links with local and international universities in embedding its newly acquired financial stability mandate.
Enquiries:
SARB Media
E-mail: media@resbank.co.za
