Regulatory Alerts2016-08-17
D4/2016: Matters Related to the Net Stable Funding Ratio
The South African Reserve Bank directs all banks and controlling companies to monitor and comply with the revised Net Stable Funding Ratio framework, incorporating national calibrations that adjust Available Stable Funding factors for domestic Rand-denominated corporate deposits. Regulated entities must submit monthly NSFR reports using the prescribed template starting in August 2016 and achieve full compliance with the Basel III-aligned requirements by January 2018. The directive establishes specific Required Stable Funding factors for interdependent assets, contingent obligations, and cash reserves while permitting national discretion to reflect South Africa's unique liquidity barriers.
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