ETHICORE client, the Banking Association South Africa has together with its member retail banks reached a historic and landmark agreement with the National Treasury, to improve responsible lending and prevent households from being caught in a debt spiral. The agreement comes against the backdrop of continued media coverage and reporting by the National Credit Regulator […]
The Financial Services Laws General Amendment Bill (Bill 29 of 2012), was tabled in Parliament on 25 September 2012. Cabinet approval and public consultation Cabinet approved the Bill for tabling in Parliament towards the end of February 2012. The Bill was released for public comment in March 2012 and the commentary period was extended to […]
The Minister of Finance Mr Pravin Gordhan, the Governor of the South African Reserve Bank Ms Gill Marcus and members of the Financial Stability Oversight Committee recently held discussions about the possible impact of the USA credit rating down and the on-going sovereign debt concerns in Europe on South Africa’s financial stability. Their […]