No data available for the deliverable: New standards for exchanges and market infrastructures with the draft expanded in 2024.
Summary
The reform introduces new standards for exchanges, clearinghouses and market infrastructures, with a focus on interoperability and risk management. Finalisation is expected in 2025.
View DetailsIs it working?
The reform is progressing, with strong regulatory and industry collaboration, but the final standard is not yet in force.
Actions
Industry engagement has been positive, and the draft standards are being refined in response to feedback.
Are there plans?
Draft standards were expanded in 2024, with finalisation expected in 2025 after extensive consultation.
Is it on the agenda?
The FSCA has made this a priority, with support from National Treasury and industry stakeholders.
Goals
To enhance the integrity, efficiency and innovation of South Africa’s market infrastructure, as well as to improve market resilience, through robust conduct standards.
Departments / Govt Institutions
Financial Sector Conduct Authority (FSCA) South African Reserve Bank (SARB)
Summary
The reform introduces new standards for exchanges, clearinghouses and market infrastructures, with a focus on interoperability and risk management. Finalisation was expected in 2025. The FSCA and SARB have set new standards for exchanges and market infrastructures. Updated conduct rules have been consulted with the sector and compliance timelines are aligned to exchange market needs.
Is it working?
The reform is progressing, with strong regulatory and industry collaboration, but the final standard is not yet in force. Sector compliance is improving and further guidance and audits are being scheduled.
Actions
Industry engagement has been positive, and the draft standards are being refined in response to feedback. Market adoption is under way and stakeholder input will be included in final standards.
Are there plans?
Draft standards were expanded in 2024, with finalisation expected in 2025 after extensive consultation. Draft standard finalisation, stakeholder engagement and periodic compliance audits are being implemented.
Is it on the agenda?
The FSCA has made this a priority, with support from National Treasury and industry stakeholders. It forms part of the FSCA annual regulation plan, Cabinet sector strategy and SARB oversight.
Goals
To enhance the integrity, efficiency and innovation of South Africa’s market infrastructure, as well as to improve market resilience, through robust conduct standards. The aim here is to strengthen the integrity and conduct of exchanges/market infrastructures.
Departments / Govt Institutions
Financial Sector Conduct Authority (FSCA) South African Reserve Bank (SARB)
Summary
The reform introduces new standards for exchanges, clearinghouses and market infrastructures, with a focus on interoperability and risk management. Finalisation was expected in 2025. The FSCA and SARB have set new standards for exchanges and market infrastructures. Updated conduct rules have been consulted with the sector and compliance timelines are aligned to exchange market needs.
Is it working?
The reform is progressing, with strong regulatory and industry collaboration, but the final standard is not yet in force. Sector compliance is improving and further guidance and audits are being scheduled.
Actions
Industry engagement has been positive, and the draft standards are being refined in response to feedback. Market adoption is under way and stakeholder input will be included in final standards.
Are there plans?
Draft standards were expanded in 2024, with finalisation expected in 2025 after extensive consultation. Draft standard finalisation, stakeholder engagement and periodic compliance audits are being implemented.
Is it on the agenda?
The FSCA has made this a priority, with support from National Treasury and industry stakeholders. It forms part of the FSCA annual regulation plan, Cabinet sector strategy and SARB oversight.
Goals
To enhance the integrity, efficiency and innovation of South Africa’s market infrastructure, as well as to improve market resilience, through robust conduct standards. The aim here is to strengthen the integrity and conduct of exchanges/market infrastructures.
Departments / Govt Institutions
Financial Sector Conduct Authority (FSCA) South African Reserve Bank (SARB)
No data available for the deliverable: New standards for exchanges and market infrastructures with the draft expanded in 2024.
No data available for the deliverable: New standards for exchanges and market infrastructures with the draft expanded in 2024.
No data available for the deliverable: New standards for exchanges and market infrastructures with the draft expanded in 2024.
No data available for the deliverable: New standards for exchanges and market infrastructures with the draft expanded in 2024.