Status of Previously Issued Guidance Notes

South African Reserve Bank
From the Office of
the Registrar of Banks

G1/2013

2013-01-10

To banks, branches of foreign institutions, controlling companies, eligible institutions and auditors of banks or controlling companies

Guidance Note 1/2013 issued in terms of section 6(5) of the Banks Act, 1990:

Status of previously issued guidance notes

## Executive Summary

Banks Act Guidance note 1/2008 dated 7 May 2008 established the process whereby banks (including branches of foreign institutions), controlling companies and auditors of a bank or controlling company will be informed of the status of previously issued guidance notes.

In order to ensure that banks (including branches of foreign institutions), controlling companies, and auditors of a bank or controlling company are in no doubt as to which previously issued guidance notes remain effective, the first guidance note of a particular year will serve as a notification to all institutions indicating which previously issued guidance notes remain effective for the ensuing year.

### 1. Introduction

#### 1.1
All previously issued guidance notes are deemed to be withdrawn/terminated/replaced except if such a guidance note is to remain effective and is then accordingly published in guidance note 1 of that year. The guidance notes that remain effective will retain their original numbers and dates.

### 2. Effective Guidance Notes

The guidance notes listed below remain effective. Accordingly, banks, controlling companies, eligible institutions and auditors of a bank or controlling company are hereby requested to retain copies of these guidance notes.

| Guidance Note | Brief Details |
|---------------|---------------|
| 2.1 Banks Act Guidance note 1/2008 | Status of previously issued guidance notes |
| 2.2 Banks Act Guidance note 2/2008 | Position statement on personal account trading |
| 2.3 Banks Act Guidance note 3/2008 | Outsourcing of functions within banks |
| 2.4 Banks Act Guidance note 5/2008 | Electronic communication with this Office |
| 2.5 Banks Act Guidance note 6/2008 | Cell-phone banking |
| 2.6 Banks Act Guidance note 7/2008 | Development programme for directors of banks |
| 2.7 Banks Act Guidance note 9/2008 | Stress testing |
| 2.8 Banks Act Guidance note 3/2010 | Performing market risk hypothetical backtesting by internal models approach banks |
| 2.9 Banks Act Guidance note 4/2010 | Application process in respect of the proposed adoption of the Internal-ratings-based approach for the measurement of the bank’s credit risk exposure in respect of positions held in the bank’s banking book |
| 2.10 Banks Act Guidance note 3/2011 | Covered bonds |
| 2.11 Banks Act Guidance note 2/2012 | Matters related to the implementation of Basel III |
| 2.12 Banks Act Guidance note 4/2012 | Further guidance on the development of recovery and resolution plans by South African banks |
| 2.13 Banks Act Guidance note 5/2012 | Provision of a committed liquidity facility and utilisation of statutory cash reserves in terms of the Basel III liquidity framework |
| 2.14 Banks Act Guidance note 6/2012 | Basel III parallel test run: Reporting requirements in terms of the amended regulatory BA forms |
| 2.15 Banks Act Guidance note 8/2012 | Further information and additional requirements regarding the Basel III parallel test run |
| 2.16 Banks Act Guidance note 9/2012 | Capital framework for South Africa based on the Basel III framework |
| 2.17 Banks Act Guidance note 10/2012 | Meetings to be held during the 2013 calendar year with the boards of directors of banks and controlling companies |

### 3. Acknowledgement of Receipt

#### 3.1
Two additional copies of this guidance note are enclosed for use by your institution’s independent auditors. The attached acknowledgement of receipt, duly completed and signed by both the chief executive officer of the institution and the said auditors, should be returned to this Office at the earliest convenience of the aforementioned signatories.

René van Wyk  
Registrar of Banks

The previous guidance note issued was Guidance Note 10/2012, dated 30 November 2012.

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