Withdrawal of Joint Communication 7 of 2020 (Precautionary measures by financial institutions and payments institutions to limit the spread of the coronavirus (COVID- 19))

The Financial Sector Conduct Authority, the Prudential Authority and the National Payment System Department of the South African Reserve Bank, hereby withdraw Joint Communication 7 of 2020 which set out measures to be taken by financial institutions and payment institutions when performing financial services and services relating to the national payment system.

The National State of Disaster was lifted on 5 April 2022 and the Regulations and directions made pursuant to the National State of Disaster automatically lapsed one month after the national state of disaster was terminated.

Fundi Tshazibana
CEO
Prudential Authority

Unathi Kamlana
Commissioner
Financial Sector Conduct Authority

Tim Masela
Head: National Payment System Department
South African Reserve Bank

Date of publication: 27 May 2022