Regulatory Alerts2015-03-25
Directive 4/2015: Amendments to the Regulations Relating to Banks
The Bank Supervision Department of the South African Reserve Bank issued Directive 4/2015 to mandate amendments to the Regulations relating to Banks and the Banks Act. These regulatory updates align South Africa’s banking supervision framework with evolving Basel Committee standards and address international assessment findings on regulatory completeness and comparability. The directive refines capital adequacy calculations, standardizes risk-weighting treatments for specific exposures, clarifies consolidation methodologies, and updates credit risk assessment requirements for banking groups.
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