Regulators and Industry Bodies

We are committed to compliance with all applicable local and international laws, regulations and supervisory requirements, guided by an established, comprehensive set of board-approved policies, procedures and governance structures.

South African Reserve Bank

The South African Reserve Bank (SARB) is responsible for bank regulation and supervision in South Africa and is our primary regulator. Its purpose is to achieve a sound, efficient banking system in the interest of the depositors of banks and the economy as a whole. This function is performed by issuing banking licenses to banking institutions, and monitoring their activities in terms of the Banks Act and the regulations.

Visit resbank.co.za  for more information.

Other primary regulators include:

• Financial Sector Conduct Authority (FSCA)  

https://www.fsca.co.za/Pages/Default.aspx

• National Credit Regulator (NCR) 

http://www.ncr.org.za/

• JSE Limited (the JSE)           

http://www.jse.co.za/

• Financial Intelligence Centre (FIC)

http://www.fic.gov.za/

• South African Revenue Service (SARS)

http://www.sars.gov.za/Pages/default.aspx

• National Treasury

http://www.treasury.gov.za/

• Department of Labour

http://www.labour.gov.za/DOL/

Outside South Africa

Central banks of countries in which we have representation or operations:

• Prudential Regulatory Authority (PRA) in London

http://www.bankofengland.co.uk/pra/Pages/default.aspx

• Jersey Financial Services Commission (JFSC)

http://www.jerseyfsc.org/

• Isle of Man Financial Supervision Commission (IOMFSC)

http://www.gov.im/fsc/

• Financial Conduct Authority (FCA)

http://www.fca.org.uk/