Regulatory Alerts2011-01-01
South African Reserve Bank Guidance Note 1/2011: Status of Previously Issued Guidance Notes
The South African Reserve Bank issued Guidance Note 1/2011 to clarify which previously published regulatory guidance notes remain effective for the ensuing year. The document lists eleven specific guidance notes from 2008 and 2010 that continue to apply, while deeming all other prior notes withdrawn or replaced. Banks, controlling companies, and their auditors are required to retain copies of these effective notes and return a signed acknowledgement of receipt to the Registrar of Banks.
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