2012-01-23
Added · Updated
The South African Reserve Bank issued Directive 1/2012 to enhance regulatory oversight of securitisation activities following the global financial crisis. The directive mandates that all applicants, including banks and non-banking institutions, must submit a specified information sheet with every new application for a securitisation scheme. This requirement aims to improve transparency and enable the Registrar to accurately evaluate risk factors and capital treatment based on economic substance.
More like this from SARB
SARB published 1 document in the last 30 days. We email you each new one the day it's published.