Circular 09 of 2020 - Submission of the quarterly returns

Circular 09 of 2020

1. In May 2020, the National Credit Regulator (“the NCR”) published Circular 4 of 2020 titled “EXTENSION OF THE QUARTERLY STATISTICAL RETURNS SUBMISSION (“the Circular”).
2. In the Circular, NCR noted that some registrants might be unable to submit some of their statutory returns as provided in the National Credit Act.
3. After careful consideration of all the factors, including inputs from industry, the NCR has decided that registrants should submit the following outstanding statutory returns, by the 31 August 2020: a. Form 39: credit provider statistical return for 2020 quarter 1 & 2. b. Form 42: debt counsellor statistical return for 2020 quarter 1 & 2. c. Form 44: credit bureau synoptic report for 2020 quarter 1 & 2. d. Form 45: synoptic report by insurers for 2020 quarter 1& 2. 4 The NCR would like to thank all stakeholders for their cooperation and support in these unprecedented times. FURTHER INFORMATION Please contact Bongani Gwexe on 011 554 2739, bgwexe@ncr.org.za should you have any queries.

SUBMISSION OF THE QUARTERLY RETURNS 1 Number 09 | July 2020 Disclaimer: While the NCR has taken reasonable care to ensure the factual accuracy of this circular, it cannot guarantee such accuracy especially with regards to future events. Accordingly, NCR does not accept any liability for damages incurred by any party as a result of decisions or actions taken on the basis of information supplied in this Circular.