Tag: Natalie Scott
Crypto crackdown – draft manual tightens cross-border controls
The South African Reserve Bank (SARB) and National Treasury published the draft Crypto Asset Manual for Cross-Border Activities for public comment on 3 August 2026. This marks a watershed moment for South Africa’s crypto asset holders and South African Authorised Crypto Asset Service Providers (CASPs). For the first time, cross-border crypto transactions will face a comprehensive regulatory framework with the force of law.
Crypto assets – a new financial product?
On 20 November 2020, the Financial Sector Conduct Authority (FSCA) published a draft Declaration (Draft Declaration) and a statement in support thereof which sets out its proposal to bring crypto assets within the ambit of the definition of 'financial product' in Section 1 of the Financial Advisory and Intermediary Services Act 37 of 2002 (FAIS Act).
Operating call centres for essential services during the lockdown
On 9 April 2020, the Government issued Notice 43224, Regulation 459, effective as of 9 April 2020 which provides directions regarding the operation of Essential Service Call Centres during the Lockdown Period.
