2025-12-10
The Financial Sector Conduct Authority and Prudential Authority have published a draft replacement notice to clarify regulatory reporting obligations for margin requirements on non-centrally cleared over-the-counter derivative transactions. The proposed notice confirms that reporting applies to designated providers and counterparties subject to clarified thresholds, including a R5 million minimum transfer amount and a R500 million initial margin threshold. Industry stakeholders may submit comments on the draft notice via email until 3 February 2026, with reporting requirements set to take effect from 1 April 2025.