Training on Amended Bank Regulations (G6/2015)

[Logo: South African Reserve Bank]

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

Ref: 15/8/2 G6/2015

2015-10-09

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

Guidance Note 6/2015 issued in terms of section 6(5) of the Banks Act, 1990

Training on amended regulations

Executive summary

The Office of the Registrar of Banks (this Office) is currently in the process of amending the Regulations relating to Banks (the Regulations) as communicated recently in Circular 6/2015 (dated 2 September 2015). The proposed amended Regulations relating to Banks (proposed amended Regulations) will be implemented on 1 January 2016.

This Office will therefore be conducting industry training on the proposed amended Regulations on 20 and 24 November 2015. The purpose of the training will be to assist attendees with the completion of selected proposed amended statutory returns.

1. Introduction

1.1 The legal framework in terms of which the Bank Supervision Department (BSD) of the South African Reserve Bank regulates and supervises banks and banking groups is subject to ongoing revision. Appropriate amendments are effected in areas of incompleteness or non-comparability. The proposed amended Regulations relating to Banks (proposed amended Regulations) will be implemented on 1 January 2016.

2. Industry training

2.1 A training session has been scheduled for 20 November 2015 which will be repeated on 24 November 2015. Attendance is only required at one of the training sessions. Industry training will be held at the Conference Centre of the South African Reserve Bank's Head Office in Pretoria.

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2.2 Sessions will be led by staff of the Bank Supervision Department. The purpose of the training will be to assist attendees with the completion of the proposed statutory returns. Topical interpretive matters that are pertinent to the completion of the regulatory returns will also be discussed.

2.3 This training intervention will therefore focus on how to populate selected amended regulatory BA forms and will not take the form of conceptual training on Basel III. A practical understanding of the proposed amended Regulations and a basic understanding of the Basel III framework will be essential.

2.4 The following programme will apply to the two training sessions:

Time	Topic
08:00 – 09:00*	Registration and morning snacks
09:00 – 10.30	Welcome<br>Discussion on regulatory developments<br>Form BA 700 and directives<br>Interpretive matters related to the form BA 700
10:30 – 11:00	Break, with refreshments
11:00 – 12:30	Form BA 300 and directives<br>Interpretive matters related to the form BA 300<br>Disclosure requirements
12:30	Conclusion

* Please allow sufficient time for security clearance. Should attendees wish to bring tablets or laptops into the Conference Centre it will take considerably longer.

2.5 Each company represented will be limited to attendance of a maximum of 10 members of its staff, unless arranged differently with BSD.

2.6 Prospective attendees are requested to notify this Office of their attendance by completing the attached registration form and returning it to this Office before 6 November 2015. After this date only substitutions and cancellations will be accepted.

2.7 Printed copies of the presentations will be available to attendees at the Conference Centre. Digital versions will be published on the SARB internet site from 25 November 2015.

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3. Acknowledgement of receipt

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.

[Signature]

René van Wyk Registrar of Banks

Encl. 1

The previous guidance note issued was Guidance Note 5/2015, dated 11 September 2015.

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[Logo: South African Reserve Bank]

South African Reserve Bank

Bank Supervision Department Registration form for Industry training – November 2015

Institution: __________________________________________________

	Delegate 1	Delegate 2	Delegate 3	Delegate 4	Delegate 5, etc
Title
First name
Surname
Telephone number (w)
E-mail address
Please indicate date of attendance:<br>• 20 November 2015<br>• 24 November 2015
Please indicate whether you will be travelling by Gautrain and requiring a shuttle service ( Yes / No )
Vehicle reg nr

NOTES:

• Kindly e-mail the completed registration form to nicolette.vanzy@resbank.co.za by no later than 6 November 2015.
• Parking will be arranged accordingly to permit entry to the South African Reserve Bank building, Madiba street entrance. Parking is available on levels P2 to P9.
• Shuttles from Pretoria station to the SA Reserve Bank will be available from 7.30 am to 9.00 am and back to the station from 12.00 pm.