Regulatory Alerts2015-09-04
Proposed Amended Regulations Relating to Banks
The Bank Supervision Department of the South African Reserve Bank issued Circular 6/2015 proposing amended Regulations relating to Banks to update the domestic prudential framework. These amendments incorporate updated Basel Committee standards, including liquidity coverage and leverage ratio requirements, while addressing gaps identified during recent regulatory consistency assessments. All interested parties are required to submit written comments on the draft regulations by 30 September 2015.
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