Regulatory Alerts2018-02-08
C1/2018: Status of previously issued circulars
The South African Reserve Bank's Registrar of Banks issues Circular 1/2018 to annually confirm the effective status of previously issued regulatory circulars for banks and related entities. The document lists specific circulars from 2011 to 2017 that remain in force while clarifying that directives issued under section 6(6) of the Banks Act remain effective until formally withdrawn. Addressees are required to retain copies of the listed effective circulars and return a signed acknowledgement of receipt to the Office.
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