Regulatory Alerts2018-09-28
Prudential Authority Regulatory Strategy 2018–2021
Issued by the Prudential Authority within the South African Reserve Bank, this document establishes the regulatory and supervisory strategy for 2018–2021 following the Financial Sector Regulation Act and the Twin Peaks reform. It mandates a risk-based, proportional, and forward-looking supervisory framework to strengthen prudential oversight of banks, insurers, market infrastructures, and financial conglomerates while introducing standards for significant owners. The strategy additionally prioritizes supporting financial sector transformation, sustainable competition, and fintech development to enhance institutional safety and customer protection.
Share