Regulator watch desk
Current source-led updates across the regulators that affect FSPs.
Each update records the regulator, official source, current status, and practical implication for FSP
controls, decisions, and evidence.
Last source review: 3 August 2026. Next scheduled review: 10 August 2026.
17 Apr 2026
COFI status
Notice of introduction published for the COFI Bill
Status: Bill / legislative notice, not an Act in force. Government Gazette 54520 published
the explanatory summary and notice of introduction in the National Assembly.
Practical impact: Continue meeting current law and licence conditions. Track the parliamentary
process and keep COFI readiness actions separate from binding obligations.
3 Jul 2026
FSCA plan
FSCA publishes its 2026–2029 regulation plan
Status: Current regulatory roadmap, not a standalone binding rule. The rolling plan places
COFI preparation inside a wider programme of conduct, licensing and cross-sector regulatory work.
Practical impact: Map relevant initiatives to the compliance change register and track the
subordinate frameworks and consultations that may create future obligations.
17 Jan 2026
Fit & Proper
Updated regulatory-examination preparation guides are available
Status: Current official preparation material. The FSCA Fit and Proper page lists 2026
preparation guides for RE1, RE3, RE4 and RE5; this is guidance, not a new legislative amendment.
Practical impact: Training files and candidate study plans should point to the current
official guides and reference material.
21 Jul 2026
CIPC / Companies Act
CIPC clarifies the new remuneration-policy and report provisions
Status: In force for public companies and state-owned companies. CIPC confirms that sections
30A and 30B commenced on 22 May 2026 and explains which post-commencement AGMs are affected.
Practical impact: An FSP incorporated as a public or state-owned company should confirm that
its AGM timetable, remuneration policy and annual remuneration report reflect the commenced provisions.
4 Mar 2026
Ombud Council / PFA
Binding Pension Funds Adjudicator Rules use phased commencement
Status: Binding subordinate legislation with staged commencement. Some rules applied from
publication, specified procedural rules apply from 1 October 2026, and further rules from 1 April 2027.
Practical impact: Retirement funds and administrators should map complaints, information
requests, non-cooperation, settlements and escalation processes to the applicable commencement dates.
FAIS, COFI, licensing, conduct, fit and proper, and supervisory publications
Use for licence maintenance, compliance calendars, conduct risk, board packs, website claims, and client remediation notes.
Open FSCA framework source
AML/CFT guidance, directives, PCCs, RMCP controls, and return processes
Use for accountable-institution controls, suspicious-transaction processes, risk ratings, and evidence of RMCP updates.
Open FIC source
Information Regulator PAIA, POPIA, breach, and information-officer channels
Use for PAIA annual reporting, privacy governance, breach response, information-officer evidence, and staff controls.
Open Information Regulator source
Beneficial ownership, annual returns, company records, and director changes
Use for client entity health checks, ownership evidence, statutory registers, onboarding packs, and governance reviews.
Open CIPC source
Payments, prudential, financial stability, and market-infrastructure signals
Use for product-impact screening, bank-facing controls, liquidity readiness, operational resilience, and payment changes.
Open SARB source
Complaints, levy, dispute-resolution, and client-outcome developments
Use for complaints routes, disclosure wording, board reporting, levy readiness, and client communication controls.
Open Ombud Council source