Regulatory Alerts2025-10-14
Added · Updated
Guidance Note on Climate Disclosures for Banks (G3/2025)
The South African Reserve Bank’s Prudential Authority has issued updated guidance requiring banks, foreign branches, and controlling companies to disclose comprehensive climate-related financial risks aligned with BCBS and IFRS standards. The framework mandates detailed qualitative and quantitative reporting across governance, strategy, risk management, transition and physical risks, financed emissions, and sector-specific exposures to ensure transparent capital allocation. While currently voluntary, the authority expects proactive implementation and anticipates these disclosures will become mandatory as corporate reporting standards and data quality mature.
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.