We thank you for the opportunity to provide comment on the Basel Committee on Banking Supervision (BCBS) discussion paper that looks at the treatment of exposures to Sovereigns.

Over-indebtedness decreased, consumer behaviour improved. Allow for full embedment and evaluation of existing measures before implementing further measures.

The Draft National Credit Amendment Bill (the Bill) was published in the Government Gazette, No. 41274 of 24 November 2017, wherein comments were invited from the public in response to the Bill.

South Africa urgently needs to review its land reform policy framework in order to create a workable model. Not only does this framework need to engineer a more equitable distribution of land so that our country’s black majority not only gets access to agricultural land, so they can earn a living from it and make a real contribution to the economy, but it also needs to undo skewed ownership patterns and redress apartheid wrongs.

This 30th annual Global Survey of Regulatory and Market Developments in Banking, Securities and Insurance is part of the IIB’s ongoing efforts to contribute to the understanding of global trends in financial regulation and markets.

We highly recommend that further industry engagement is required as we are concerned on a number of the aspects that the Code is trying to achieve. It also repeats what is contained in the GMSLA, legislation (FICA, money laundering, etc.) and current market conduct regulations.

The purpose of this document is to provide The Banking Association South Africa (BASA) member banks with recommended RDARR Internal Audit Testing Procedures.

Speech by Mr Cas Coovadia, MD, Banking Association South Africa, Trek4Mandela Gala dinner

The Banking Association South Africa (BASA), with the Association for Savings and Investment in South Africa, met with the Economic Transformation Committee of the African National Congress (ANC) on June 12 2017 to discuss the ANC’s economic policy documents prepared for its National Policy Conference.

Read The Banking Association’s submission on transformation in the banking sector.

Read The Banking Association South Africa's written Submissions to Parliament on The Constitutionality Of Section 45b(1c) Of Financial Intelligence Centre Amendment Bill - [B 33b – 2015] On Warrantless Searches.

Our view is that section 45B(1C) is a proportionate and constitutionally valid provision. We therefore respectfully disagree with the view expressed by the President. Continue reading to discover why we disagree.

BASA welcomes a formal consultation process between IRBA, BASA and the South African Reserve Bank (SARB) on the IRBA's proposed Mandatory Audit Firm Rotation.

Response on the Basel Committee on Banking Supervision’s Consultative Document: “Reducing variation in credit RWA assets – constraints on the use of internal model approaches.”

The Principles for Managing Environmental and Social Risk are in substitution to the previous Code of Conduct for Managing Environmental and Social risk dated 07 March 2011.

Home lending standards for qualifying loans are defined as set out in this paper. This document therefore seeks to define.

We welcome the opportunity to comment on this initiative to address the interdependency of our banks with the shadow banking sector.