Parliament hits pause on urgent JIBAR transition Bill
The invalidation of the Public Procurement Act has left lawmakers weighing whether removing part of the amendment Bill would require further public participation.
#Zaronia
JIBAR transition enters legislative phase
A Bill before Parliament would give the SARB a statutory mechanism to address legacy contracts that still reference JIBAR when the benchmark ceases at the end of 2026.
COFI at the heart of FSCA’s 2026 regulation plan
The Authority’s three-year roadmap also outlines upcoming reforms affecting financial markets, retirement funds, payment services, and cross-sector regulation.
SARB moves to scrap prime rate as loan reference benchmark
The central bank’s consultation paper outlines a structured transition to policy-rate-based lending, with fallback protections for legacy contracts.
Countdown to JIBAR cessation: SARB urges market to step up transition to ZARONIA
South Africa’s financial markets brace for the end of Jibar as SARB signals a major shift toward the more transparent, transaction-based ZARONIA benchmark.
Proactive regulation key to market integrity, says Kamlana
The FSCA is closing the prudential gap between banks and non-bank OTC derivative providers, signalling higher capital and risk-management standards.
Exemption clears money market portfolios to invest in Zaronia instruments
The exemption waives the requirement for known-in-advance rates, letting money market portfolios invest in Zaronia-linked overnight placements.
