Include AI governance principles in the Joint Standard on Culture and Governance with a financial sector focus.Implementation of regulatory reporting requirements for margin on non-centrally cleared OTC derivatives, using the Umoja platform to submit returnsDevelop a national green finance classification systemExtension of market abuse rules to new asset classes as part of market integrity reforms.New requirements for cybersecurity resilience, eg, all financial institutions to adopt robust cybersecurity, risk management and incident response frameworksComprehensive review and overhaul of the regulatory framework for the distribution of funeral insuranceImproving credit information and reporting through national credit bureau and data-sharing reforms.Replace all previous operational risk capital approaches (advanced measurement approach and three standardised approaches) with a single, risk-sensitive standardised approach for all banksNew reporting requirements and supervision.Mandatory task force on climate-rated financial disclosures (TCFD) reporting
Stay up to date with the reforms that matter to you!
The BLSA Tracker brings together the latest updates on reforms that affect South Africa’s business environment, tracking government policy progress and institutional change from proposal to measurable results. When you subscribe, you can:
- Follow specific reforms that interest you most.
- Receive updates on any changes or new analysis.
- Manage or update your preferences at any time.
Choose the reforms you want to follow and we’ll send you updates when there’s progress. You can change what you follow or unsubscribe at any time.
Subscribe