Tag: RegulatoryCompliance
ZARONIA deadline – the strategic moves businesses cannot miss
The shift from Johannesburg Interbank Average Rate (JIBAR) to South African Rand Overnight Index Average (ZARONIA) marks a turning point in South Africa's financial landscape. It forms part of a global movement toward more reliable and transparent interest rate benchmarks. However, for businesses, it represents far more than a regulatory change.
Insurance and financial services – AI, automation, risk and accountability
Picture a rainy Wednesday morning in Sandton, sometime in the near future. A claims handler opens their laptop. Right away, things move much faster than before. For every new email, the company’s Artificial Intelligence (AI) system drafts a suggested reply. The inbox is also lighter. A public chatbot handles most client and broker queries because it has been trained on policy wordings and continues to improve. Need a meeting? An AI assistant schedules it, sets reminders, and even takes minutes.
Packaging and vaping – tobacco bill regulation changes
It has been widely reported that the Tobacco Products and Electronic Delivery Systems Control Bill (the Tobacco Bill) aims to tighten regulations on smoking and vaping. Specifically, the bill seeks to introduce plain packaging. This refers to standardised packaging without branding, including logos and trademarks, and directly affects packaging and vaping controls.
FICA compliance training – protecting institutions from risk
Earlier in November 2025, the South African Reserve Bank announced administrative sanctions against two finance companies. Regulators imposed these sanctions after the companies failed to comply with the Financial Intelligence Centre Act (FICA).
Navigating POPIA in a digitally borderless world
In South Africa, the Protection of Personal Information Act (POPIA) is reshaping how organisations handle personal data, both locally and across borders. For businesses operating internationally, the challenge extends beyond compliance. They must also reconcile POPIA with global standards such as the EU’s General Data Protection Regulation (GDPR).
BCBS 239 journey – risk, regulation and the road to compliance
Since the release of the “Principles for effective risk data aggregation and risk reporting” regulation (commonly known as BCBS 239) in January 2013 by the Basel Committee on Banking Supervision (BCBS), the regulation evolved significantly, transitioning from a regulatory requirement into a strategic framework for improving risk data aggregation and reporting across the banking sector.
