In accordance with the requirements of the Banks Act 94 of 1990 (Banks Act), Craig du Plessis, who is the appointed representative of the curator of HOB, notified the PA that there was no reasonable probability that the continuation of the curatorship…
"I am delighted to welcome Maha to the BIS Innovation Hub. She brings a rich set of experiences from both public and private sector and she understands the importance of rules while allowing for innovations," said Cecilia Skingsley, Head of…
"As Africa's largest banking group by assets, operating in 20 markets across the continent, we are humbled to have been recognised as we regard ourselves as a uniquely 'Made-in- Africa' brand. It's an affirmation that our strategy of driving…
“The Ombud plays an important role in supporting customers and banks in resolving complaints and disputes. While complaints referred to or opened with the Ombud constitute a small portion of our overall customer interactions, we take the Ombud…
"CBDC systems, like all digital payment systems, must work for everyone in society, whenever and wherever individuals and businesses need them. The ability to pay when offline could ensure this is achieved by providing a layer of resilience,…
"Gaston Gelos's extensive policy expertise and research will be highly valuable to the BIS and to the global central banking community as it tackles the significant challenges ahead. I look forward to working closely with him," said Claudio…
"While the financial reforms put in place following the 2008 Global Financial Crisis have assisted in making the banking sector as a whole better able to absorb adverse shocks, recent events provide important lessons for financial authorities,…
South Africa's implementation of the Net Stable Funding Ratio (NSFR) and large exposures (LEX) framework are respectively largely compliant and compliant with the global standards set by the Basel Committee on Banking Supervision, according…
The Financial Stability Board (FSB) Standing Committees have been established by the FSB Plenary to each take forward part of the FSB’s mandate, and their mandates are set out in the FSB Charter.
“The average nominal take-home pay rose to R15 186 in February, reaching the highest level since October 2022. However, it remains 1.8% below the R15 469 measured a year ago,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements.
The Financial Stability Baord (FSB) said its members welcomed the policy measures taken by authorities in Switzerland, the United States and other jurisdictions to maintain global financial stability and the coordinated actions by central banks…
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