Category Archives: South African Reserve bank

News from the South African Reserve bank

Notice of Exemption from certain provisions of the Insurance Act, Act No. 18 of 2017 – Sanlam Developing Markets

You Need Posted on by
Publish Date: 2020-07-02
Category: PA Post Insurance Act Notices

​  

Attachments:

Operational notice: Money Market Operations – June 2020

You Need Posted on by
Publish Date: 2020-06-25
Category: Operational Notice
Author: Financial Markets

​Background:

This Operational Notice applies to the Master Repurchase Agreement entered into between the South African Reserve Bank (SARB) and its counterparties and the 2011 Global Master Repurchase Agreement (GMRA) to be entered into between the SARB and its counterparties, as amended from time to time (“each respectively referred to as the Agreement). This Operational Notice (Notice) forms part of the Agreement and clarifies the procedures which govern participation in the SARB open-market operations. All transactions referred to in this Notice are governed by the Agreement and the Agreement must be signed by all participants who conclude repurchase and reverse repurchase transactions with the SARB. In the event of any conflict between this Notice and the Agreement, the Notice shall prevail in respect of the specific transaction or transactions. All capitalised terms used in this Notice and not defined will have a meaning given to them in the Agreement.

Attachments: