Regulatory Alerts2014-04-17
Circular 5/2014: Disclosure of Capital-Related Information
The South African Reserve Bank issued Circular 5/2014 to standardize capital-related public disclosures for banks, controlling companies, foreign branches, and auditors under the Banks Act. The circular mandates quarterly publication of total capital adequacy ratios, common equity tier 1 ratios, and minimum required capital components using prescribed reporting forms. It explicitly excludes bank-specific and domestic systemically important bank add-ons from public disclosure to enhance cross-jurisdictional comparability, thereby replacing Circular 5/2011.
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