Regulatory Alerts2026-03-09
Guidance Note 1 of 2026 - Status of previously issued guidance notes and directive
The South African Reserve Bank issues Guidance Note 1 of 2026 to confirm which previously issued guidance notes and directives remain effective for co-operative banks and financial institutions. All prior guidance notes are deemed withdrawn unless explicitly confirmed in this notice, with specific notes from 2019, 2020, and 2021 retained for registration, business plans, constitutions, and common bond requirements. Additionally, Directive 1/2023 regarding statements by directors and executive officers remains in force, and institutions must ensure their auditors receive this note and return a signed acknowledgement of receipt.
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