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Beneficial Owners of Financial Institutions: Draft Joint Standard Published for Comment

The Prudential Authority and Financial Sector Conduct Authority have published a draft joint standard under the Financial Sector Regulation Act, 2017, outlining requirements for beneficial owners of financial institutions.

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FIC Directive 10: Mandatory Geographic Location Reporting for Accountable Institutions

The Financial Intelligence Centre has gazetted Directive 10 under FICA, requiring accountable institutions to submit geographic location data for all head offices, branches, and subsidiaries by 29 October 2026.

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General Finance Laws Amendment Bill: Explanatory Summary Gazetted Ahead of Tabling

National Treasury has gazetted the pre-tabling explanatory summary for the General Finance Laws Amendment Bill, which proposes key revisions to the Financial Sector Regulation Act and the Public Procurement Act.

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Draft Amendments to Small Merger Notification Guidelines Published for Comment

The Competition Commission has published draft amendments to the 2022 Small Merger Notification Guidelines for public comment by 13 September 2026, focusing on acquisitions in digital and tech markets.

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