Proposed Directive on Bank Reporting Requirements (Regulation 46)
The South African Prudential Authority has issued a proposed directive for consultation regarding reporting requirements under Regulation 46 of the Regulations relating to Banks. This directive aims to specify the Banks Act (BA) returns that require auditing or review under a limited assurance framework.
Proposed Directive on Internal Liquidity Adequacy Assessment Process
The South African Prudential Authority has issued a proposed directive for consultation regarding the Internal Liquidity Adequacy Assessment Process (ILAAP). This directive is based on Basel Committee on Banking Supervision principles for sound liquidity risk management.
Prudential Authority Circular C1-2026: Status of Bank Circulars
The Prudential Authority (PA) has issued Circular C1-2026 to confirm the status of previously issued bank circulars. This annual confirmation aims to ensure clarity for regulated entities regarding which circulars remain effective.
Prudential Authority Guidance Note Status Update
The South African Prudential Authority has issued Guidance Note 1 of 2026, updating the status of previously issued guidance notes for deposit-taking institutions. This annual note clarifies which guidance remains in effect for the upcoming year, ensuring awareness among banks, controlling companies, and their auditors.
Hong Kong Insurance Authority Publishes Numerous Guidelines
The Hong Kong Insurance Authority has published a comprehensive list of updated and new guidelines covering various aspects of insurance business. These include updated guidelines on authorization, anti-money laundering, cybersecurity, corporate governance, and underwriting, with some effective dates ranging from mid-2024 to early 2026.
Insurance Authority Consultation Documents and Draft Rules
The Insurance Authority of Hong Kong has released multiple consultation papers and conclusions on draft rules concerning the insurance industry. These documents cover topics such as risk-based capital regimes, public disclosure, special purpose business, group-wide supervision, and new regulatory regimes for intermediaries. The consultations aim to gather feedback on proposed regulatory changes.
Insurance Authority Circulars and Guidelines Introduction
The Insurance Authority has published an introduction to its circulars and guidelines. These documents are intended to remind industry participants of regulatory requirements and assist in understanding regulatory issues.