Regulatory Alerts2026-08-11
Added
Amendment to the Guideline for the Submission of Credit Information in Terms of Regulation 19(13) of the National Credit Act
The National Credit Regulator prescribes that all credit providers and data providers must submit credit information to credit bureaus via the Data Transmission Hub using the prescribed data format. BNPL providers must complete system developments and testing by 31 January 2027, with mandatory reporting of BNPL data commencing on 1 February 2027. Credit providers are required to report new and closed agreements within 48 hours, monthly payment profiles within five days of the billing cycle, and adverse information monthly. Data providers must utilize the Data Transmission Hub, pay prescribed fees, and comply with the same reporting timeframes as credit providers.
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