Changeflow GovPing Banking & Finance NMS Insurance Services License Variation Notice
Routine Notice Amended Final

NMS Insurance Services License Variation Notice

Favicon for www.resbank.co.za SARB Prudential Authority
Published March 24th, 2026
Detected April 1st, 2026
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Summary

The South African Reserve Bank Prudential Authority gave notice that the license conditions of NMS Insurance Services (SA) Limited have been varied under section 26(1)(a) of Insurance Act No. 18 of 2017, effective 25 November 2024. This is a routine administrative action affecting one specific insurance company's licensing conditions.

What changed

The Prudential Authority has varied the license conditions for NMS Insurance Services (SA) Limited pursuant to section 26(1)(a) of the Insurance Act No. 18 of 2017. The variation became effective on 25 November 2024. This action affects only this specific insurer and does not impose new obligations on other market participants.

No immediate action is required from other regulated entities. Insurers should note this as an individual license modification rather than a sector-wide regulatory change. Entities may wish to verify their own licensing documentation remains current and aligned with applicable statutory requirements.

Source document (simplified)

SARB POLICY RATE

CPI

PPI PRIME

| R2030 | |
| R209 | |
| SABOR | |
| ZARONIA | |

| ZAR/USD | |
| ZAR/GBP | |
| ZAR/EUR | |
| ZAR/JPY | |

Title : Notice of variation of licensing conditions: NMS Insurance Services (SA) Limited Published Date: 2026-03-24 Last Modified Date: 2026-03-24, 02:38 PM Category: PA Post Insurance > Act Notices The Prudential Authority gives notice that the license conditions of NMS Insurance Services (SA) Limited have been varied in terms of section 26(1)(a) of Insurance Act No. 18 of 2017, effective 25 November 2024.

Back Attachments: Notice of variation of licensing conditions: NMS Insurance Services (SA) Limited

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
SARB
Published
March 24th, 2026
Instrument
Notice
Legal weight
Binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Insurers
Industry sector
5241 Insurance
Activity scope
Insurance Licensing
Geographic scope
ZA ZA

Taxonomy

Primary area
Insurance
Operational domain
Compliance
Topics
Licensing Financial Services

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