Regulatory Alerts2013-05-29
D7/2013: Matters related to locational statistics based on residence and nationality (form BA 940)
The South African Reserve Bank directs all regulated banks to submit a single amended form BA 940, replacing the previous forms BA 940 and BA 950, to report locational banking statistics based on residence and nationality. Effective from the June 2013 reporting period, this consolidated form requires a more granular sectoral breakdown and captures enhanced data on cross-border funding and lending patterns aligned with Basel III standards. Aggregated reporting data will be shared with the Bank for International Settlements and other central banks under a reciprocity arrangement, with confidentiality levels clearly defined to support global financial stability analysis.
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