Supervisory plan sets 18 surveys across cyber, debt and nature risks
Eighteen supervisory surveys and questionnaires will structure South African regulatory oversight in the 2026/27 financial year. Published by the Prudential Authority, the schedule coordinates data collection across banks, insurers, and conglomerates to support institutional planning.
A crowded quarterly pipeline
The schedule outlines 18 supervisory initiatives distributed across quarterly windows and ongoing monitoring.
Quarter two deployments included the Operational Risk Maturity Assessment Questionnaire across all sectors except co-operative financial institutions, board-level risk culture reviews, and IT assessments.
Insurers completed the Insurance Common Scenario Stress Test evaluating macroeconomic and climate shocks, while all three designated financial conglomerates underwent capital standard field testing.
Banks reported on amortised cost sovereign debt portfolios.
Quarter three introduces CYQUEST cyber questionnaires and sovereign exposure assessments, followed by machine-readable Pillar 3 reporting and nature risk surveys in quarter four.
Targeted data calls and ongoing oversight
Prudential Communication 13 of 2026, signed by Chief Executive Officer Fundi Tshazibana, aims to give regulated entities advance notice for internal resource allocation.
Beyond scheduled quarterly work, the authority maintains ongoing monitoring streams covering liquidity and funding risk, mutual banks, crypto-asset exposures, and Johannesburg Interbank Average Rate (JIBAR) transitions.
The authority noted that ad hoc requests from domestic supervisors or international standard setters may still emerge as regulatory priorities evolve.
Predictable calendar, heavy burden
Publishing an advance schedule gives compliance teams much-needed planning visibility.
Yet eighteen concurrent surveys across cyber, climate, and sovereign debt will heavily strain institutional resources.
Supervisors are clearly broadening oversight far beyond traditional capital ratios.