Regulatory & Compliance Intelligence

Track regulatory changes and competitor compliance responses

2

Pending Review

1

In Progress

1

Compliant

Recent Regulatory Changes

Cryptocurrency Trading Guidelines Update

high impact
SARB•15 December 2024
Pending Review

New compliance requirements for crypto asset custody and trading services

Affected Banks

Standard BankFNBABSA

Competitor Response

3 banks announced compliance within 48 hours

Compliance Deadline

1 March 2025

Affordability Assessment Updates

medium impact
NCR•10 December 2024
In Progress

Stricter debt-to-income ratio requirements for lending products

Affected Banks

All major banks

Competitor Response

Nedbank adjusted lending criteria first

Compliance Deadline

15 January 2025

Data Protection Compliance Review

medium impact
POPIA•28 November 2024
Compliant

Enhanced customer data protection and consent requirements

Affected Banks

All banks

Competitor Response

Industry-wide compliance updates in progress

Compliance Deadline

31 December 2024

Open Banking Framework

high impact
SARB•15 November 2024
Pending Review

New API standards for third-party financial service integration

Affected Banks

All major banks

Competitor Response

Capitec and FNB leading implementation

Compliance Deadline

30 June 2025