Articles about South African Reserve Bank

ITWeb TV: SARB calls for financial innovations at G20 Techsprint

The South African Reserve Bank seeks tech solutions to help central banks and financial sector regulators to solve policy problems.

SARB fights to reclaim R16m in crypto over outdated forex laws

SARB challenges a ruling overturning its seizure of R16 million held by Standard Bank, forfeited under what the court said were apartheid-era regulations.

Vodacom warns of economic, cyber risks

A severe economic downturn followed by a cyber attack are the two most critical risks that would affect Vodacom the fastest, within six months.

SA’s data breach costs remain high, says SARB

The South African Reserve Bank warns that cyber attacks are a systemic danger to the country’s financial stability.

SA’s exchange control regulations too outdated for crypto

Judge Mandlenkosi Motha rules that the exchange control regulations, introduced in 1961, cannot be applied to crypto-currencies.

Lesaka says SARB's regulatory shift will drive fintech growth

The company anticipates the South African Reserve Bank’s mooted move to open the payments market to non-banking players.

Arctic Wolf releases guide to FSCA cyber resilience requirements

The new standards require financial institutions to implement comprehensive cyber security frameworks, policies and governance practices to secure their operations.

Financial sector faces pressure to meet FSCA Cyber Resilience Standards

Through its collaboration with Arctic Wolf, Troye offers solutions to meet FSCA compliance requirements and improve institutions' overall cyber security resilience against evolving threats.

Cyber security guidelines for financial institutions

The Joint Standard on Cybersecurity and Cyber Resilience Requirements mandates that financial institutions must achieve compliance by 1 June 2025.

Altron FinTech Household Resilience Index confirms negative impact of high interest rates on household debt costs

Arguably the most worrying trend in the latest AFHRI is the year-on-year decline of 8.7% in the ratio of household income to debt costs.

SARB cracks cyber security whip on payments firms

The central bank issues a cyber security directive to payments providers in the face of new threats enabled by emerging technologies.

Public works minister orders probe of ‘vulnerable’ IT systems

The Department of Public Works and Infrastructure minister enlists law enforcement agencies and cyber security experts to investigate.