2025-07-03
The Financial Sector Conduct Authority issued its 2025 Three-Year Regulation Plan to outline South Africa’s regulatory work programme from April 2025 through March 2028. The framework prioritises finalising existing legislative projects, particularly the Conduct of Financial Institutions Bill and Financial Markets Act review, while introducing targeted conduct standards for derivatives, credit ratings, pension fund liquidation, and payment services. By consolidating subordinate legislation into a principles-based system and aligning with international standards, the plan manages industry compliance costs, addresses emerging cyber and crypto risks, and ensures a seamless regulatory transition.