South African Reserve Bank
Absa Financial Services Insurance Group designation updated
Fundi Tshazibana, Chief Executive Officer of the South African Reserve Bank's Prudential Authority, has announced an amendment to the designation of the Absa Financial Services Limited Insurance Group.
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Climate change impacts South African labor, demanding policy shifts
A South African Reserve Bank working paper examines how physical climate change risks affect South Africa's labor market.
South African policy rate maintained at 6.75 percent amid global uncertainty
The South African Reserve Bank's Monetary Policy Committee has maintained the policy rate at 6.75 percent.
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Regulators outline 'No new JIBAR' expectations for May 1
The Prudential Authority and the Financial Sector Conduct Authority have issued joint supervisory expectations for the transition from JIBAR to ZARONIA.
South African regulators set JIBAR transition expectations
The Prudential Authority and the Financial Sector Conduct Authority have issued new supervisory guidance for the transition from JIBAR to ZARONIA.
Prudential Authority mandates AML/CFT/CPF effectiveness review for mutual banks
The Prudential Authority has designated the effectiveness of anti-money laundering, counter-financing of terrorism, and counter-proliferation financing (AML/CFT/CPF) controls as its 2026 'Flavour-of-the-year' supervisory topic.
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SARB proposes new reporting rules for securitisation vehicles
The South African Reserve Bank (SARB) has issued a proposed Directive (BA501) on securitisation vehicles, updating reporting requirements for issuer special purpose institutions (SPIs).
Macroprudential policy stabilizes EM banks against geopolitical risk
A South African Reserve Bank paper calibrates a DSGE model for emerging economies, showing that geopolitical risk shocks depreciate exchange rates, are inflationary, and harm bank balance sheets.
Open banking significantly reduces unbanked individuals in South Africa
A South African Reserve Bank working paper finds that open banking significantly reduces the number of unbanked individuals and increases the use of credit, saving, and insurance services.
Prudential Authority updates bank audit reporting requirements
The South African Reserve Bank's Prudential Authority has issued a proposed directive to update reporting requirements for auditors of banks.
Tshazibana urges urgent climate action amid policy divergence and structural shifts
South African Reserve Bank Deputy Governor Fundi Tshazibana called for urgent and coordinated climate action, highlighting the growing complacency amid structural shocks and policy divergence.
Prudential Authority proposes enhanced ILAAP for banks
The South African Reserve Bank's Prudential Authority has proposed a new directive outlining requirements for the Internal Liquidity Adequacy Assessment Process (ILAAP) for banks.