Comprehensive 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.Implementation of Basel III reforms to enhance risk sensitivity, granularity and consistency in credit risk calculationsReplace all previous operational risk capital approaches (advanced measurement approach and three standardised approaches) with a single, risk-sensitive standardised approach for all banksImplementation of the Basel III revised leverage ratio, including an updated exposure definition to better capture both on- and off-balance sheet risks.New reporting requirements and supervision.SARB empowered to manage systematically important financial institutions (SIFIs) failures.Mandatory task force on climate-rated financial disclosures (TCFD) reportingModernise forex system for trade and investment to align with OECD code of liberalisationNew standards for exchanges and market infrastructures with the draft expanded in 2024.