Regulatory Alerts2020-11-13
FSCA Communication 53 of 2020 Reclassification of Inward Listed Debt, Derivatives and Foreign-Referenced ETFs
The Financial Sector Conduct Authority announces the reclassification of inward-listed debt, derivatives, and foreign-referenced exchange traded funds from foreign to domestic status. This change applies to instruments traded and settled in rand on South African exchanges that meet the eligibility criteria outlined by the South African Reserve Bank. The inward listing approval process remains active while the Authority evaluates potential impacts on existing Financial Sector Conduct laws and will issue further guidance.
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