Regulatory Alerts2016-05-20
Amendment of Regulations relating to Banks
The Minister of Finance has issued regulations amending the prudential and reporting requirements for South African banks under the Banks Act, 1990. The notice substitutes multiple reporting forms, revises Du Pont analysis instructions, and updates risk weight tables for securitisation, short-term claims, and retail exposures. It further restricts eligible guarantees and credit protection, empowers the Registrar to impose limits on connected lending, and mandates a 1250 percent risk weight for specific equity exposures and expected loss amounts.
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