Regulatory Alerts2016-11-29
Assessment of instruments issued by domestic systemically-important banks and controlling companies (D-SIBs) for capital and funding purposes
The South African Reserve Bank directs domestic systemically-important banks (D-SIBs) and controlling companies to complete a bi-annual assessment template for all capital and funding instruments at both bank solo and controlling company consolidated levels. Completed templates must be approved by the Group Treasurer and submitted to the Office of the Registrar of Banks within 30 working days following each June and December reporting period. Institutions must additionally return a signed acknowledgement of receipt, countersigned by their chief executive officer and independent auditors, to finalize compliance with this directive.
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