The Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) have announced a review of the regulatory framework governing the distribution of funeral insurance in South Africa.
The Market Practitioners Group (MPG) Derivatives Workstream has released a white paper suggesting market conventions for non-linear derivative products.
The Credit Adjustment Spread Sub-workstream, a part of the Transition Planning and Coordination Workstream (TPCW) of the MPG, has been working on determining suitable credit adjustment spreads for Jibar tenors.
The Prudential Authority, part of the South African Reserve Bank, and the Financial Sector Conduct Authority are set to host the 2024 International Association of Insurance Supervisors Annual Conference.
The recent paper on digital assets in payments and transaction banking defines these assets as those controlled through public-private key cryptography.
We examine the effects of the implementation of the Basel III accord on the growth of non-bank financial institutions and fintech platforms in South Africa.
The balance between financial inclusion and macroprudential policy in South Africa is the focus of a recent study. The research examines how these regulations impact bank lending rates and volumes among the country's largest banks. Financial inclusion aims to extend affordable credit, which could affect the stability of the financial sector. In contrast, macroprudential policy seeks to mitigate financial risks.
The Bureau for Economic Research (BER) has been collecting inflation expectations survey data in South Africa since 2000, following the adoption of inflation targeting by the South African Reserve Bank. This survey has provided significant insights for policy-making, academic research, and private sector analysis. However, recent international trends emphasizing microdata in macroeconomics have prompted a reevaluation of the survey's demands and opportunities.
This study investigates the effects of the Basel III regulatory framework on financing decisions within South Africa's real sector. The research utilizes a sample of 2,045 firm-year observations from 2011 to 2015 and applies the difference-in-differences approach.
The South African Reserve Bank (SARB) has taken action against HSBC Bank Plc's Johannesburg Branch due to non-compliance with the Financial Intelligence Centre Act 38 of 2001. This decision follows an inspection conducted in 2021.
The South African Reserve Bank (SARB) has taken action against Bidvest Bank Limited due to non-compliance with the Financial Intelligence Centre Act 38 of 2001. This decision follows an inspection carried out in 2022.
The approach to international trade has shifted from measuring the face value of a product to considering where production occurs. This change affects how the sophistication of a country's export basket is assessed. A recent paper utilizes the latest OECD Trade in Value Added database to re-evaluate cross-country export sophistication, as defined by Hausmann et al. (2007). The findings indicate that the gap between high-income and low-income countries' export sophistication is wider when viewed from a value-added perspective.
Governor Lesetja Kganyago of the South African Reserve Bank addressed the 2024 Payments Conference, focusing on the evolution and future of payment systems. In his opening remarks, Governor Kganyago highlighted the journey of modernizing payments, noting both past achievements and current challenges.
South Africa's positive net international investment position (IIP) decreased from a revised R2 424 billion at the end of March 2024 to R2 052 billion at the end of June. The decrease in the positive net IIP in the second quarter of 2024 resulted from both a decrease in foreign assets and an increase in foreign liabilities.