Category Archives: South African Reserve bank

News from the South African Reserve bank

Invitation for submissions FSRA Joint Standard on Margin Requirements

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Publish Date: 2019-04-08
Category: PA Financial Sector Regulation Joint Standards

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G4/2019: Meetings to be held during the 2019 calendar year with the boards of directors of banks and controlling companies

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Publish Date: 2019-04-05
Category: PA Deposit-takers Banks: Guidance Notes

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Information notice on the official gold and foreign exchange reserves of the South African Reserve Bank as at 31 March 2019

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Publish Date: 2019-04-05
Category: Information Notice
Author: Financial Markets

​This notice provides detail of the US dollar equivalent of the level of the South African Reserve Bank’s (SARB) official gold and foreign exchange reserves, Special Drawing Rights (SDRs) and foreign currency deposits received from customers published today in the SARB’s Statement of Assets and Liabilities as at 31 March 2019.

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Court Papers in the Inzalo and Bophelo matter

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Publish Date: 2019-04-02
Category: Media Releases

1.    the application instituted by the Prudential Authority for the appointment of a curator of Nzalo Insurance Services Limited ("Nzalo");

 

2.    the application instituted by the Prudential Authority for the appointment of a curator of Bophelo Life Insurance Company Limited ("Bophelo");

 

3.    the application instituted by the Prudential Authority for the liquidation of Nzalo;

 

4.    the application instituted by the Prudential Authority for the liquidation of Bophelo;

 

5.    the court orders dated 6 November 2018 in terms of which Nzalo and Bophelo were placed under curatorship;

 

6.    the court orders dated 12 February 2019 in terms of which Nzalo and Bophelo were placed under provisional liquidation;

 

7.    the intervention application instituted by Lebashe Financial Services Proprietary Limited ("Lebashe") in the liquidation of Nzalo;

 

8.    the intervention application instituted by Lebashe in the liquidation of Bophelo;

 

9.    an interested party affidavit delivered by Lebashe in the matter of Nzalo (curatorship);

 

10. an interested party affidavit delivered by Lebashe in the matter of Bophelo (curatorship);

 

11. an intervening party’s conditional answering affidavit of Lebashe in the matter of Nz (liquidation);

 

12. an intervening party’s conditional answering affidavit of Lebashe in the matter of Bophelo (liquidation); and

 

13. the intervention application instituted by the Transport Sector Retirement Fund in the matter of Bophelo.

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