Dear Compliance officer
 
Please take note of the following industry legislative updates:
 
FSCA

  • Communication Notice on Financial markets impact of Covid-19 on compliance with various requirements of the FMA, 2012, (Act no. 19 of 2012) - Extension of period to comply with various timeframes referred to in the JSE listing requirements made under section 11 of the FMA
  • Press release: “South Africa’s financial regulators  launched the Intergovernmental Fintech Working Group (IFWG) Innovation Hub to respond to changes in the financial sector driven by financial technology (fintech) and to promote responsible innovation in the sector.“  

 POPI

  • The Information Regulator has issued a Guidance Note on the processing of personal information of data subjects (owners of personal information) in the management and containment of COVID-19 on 3 April 2020. Click here to read the related media release.