FSCA Invites Comment on JSE Rule Amendments for CSD Naming Conventions

Posted 23 August 2025 Written by Acts Online
Category Financial Sector

Brought to you by SA Legal Academy: The Financial Sector Conduct Authority (FSCA) has invited public comment on draft amendments to the Johannesburg Stock Exchange (JSE) rules. These amendments focus on the central securities depository (CSD) naming convention as part of the broader JSE Simplification Project.

In terms of the Financial Markets Act, No. 19 of 2012, the FSCA published four Government Gazette notices regarding proposed changes to the JSE’s regulatory framework. The amendments are intended to align the JSE’s rules with a new naming convention for CSDs. This initiative follows a public consultation process on the JSE Simplification Project conducted between September 2023 and October 2024.

The simplification project aims to overhaul the JSE listings requirements by employing plain language to record concise regulatory objectives. This transition is expected to improve the application of requirements for the following stakeholders:

  • Listed companies;
  • Sponsors; and
  • Investors.

The FSCA has set a deadline of 5 September 2025 for the submission of written comments on the draft amendments. The proposed changes were further detailed in a JSE market notice following a decision by the JSE rules committee to streamline the existing regulatory language and naming conventions.

Click here to view the draft amendments on the FSCA website.

What this means for you, your business, or your clients

  • For yourself: Review the draft naming conventions to ensure your professional understanding of CSD terminology remains current with the JSE’s plain-language transition.
  • For your business: Assess internal IT systems and compliance templates to determine if the change in CSD naming conventions requires updates to automated reporting or data mapping.
  • For your clients: Notify listed entities and authorized users that they must prepare for revised listings requirements that prioritize regulatory objectives over technical jargon, with a compliance deadline for comments by 5 September 2025.

Originally published at https://legalacademy.co.za/news/read/jse-simplifation-project-input-sought-on-naming-convention-proposals

The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.