Regulatory Alerts2018-03-31
Information Circular 5 of 2014: Investments in African Bank Investments Limited Under Curatorship
The South African Financial Services Board requires all retirement funds to report their exposure to African Bank Investments Limited following the entity's placement under curatorship. Funds must complete and electronically submit an attached survey detailing direct and indirect ABIL investments, including those held through collective schemes and insurance policies, by 28 November 2014. This data collection aims to assess the overall extent of retirement fund exposure and identify operational challenges arising from the curatorship.
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