Regulatory Alerts2025-04-07
G1/2025 Status of Previously Issued Guidance Notes
The South African Reserve Bank issues this annual guidance note to establish a standardized process for confirming the continued effectiveness of previously issued regulatory directives. It explicitly lists thirty-seven specific guidance notes spanning 2008 to 2024 that remain in force, while deeming all others withdrawn or replaced unless confirmed. Banks, controlling companies, eligible institutions, and their auditors must retain copies of these effective notes and return a jointly signed acknowledgement of receipt to the Prudential Authority.
Share