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COVID-19 Industry Communication

As part of the Financial Sector Conduct Authority’s (FSCA) efforts to reduce the impact of the COVID-19 pandemic on financial customers, regulated entities and the South African economy, the Authority has released various communication to provide guidance for customers and Financial Services Providers during this time. Below is a list of all Covid-19 industry related communication issued by the FSCA.

Press Releases

Industry Communication

Joint Communication 5 of 2020 - Covid-19 – Regulatory response: Business Interruption Insurance
Joint Communication 2A of 2020 - COVID-19: Supervisory response
Joint Communication 3 of 2020 - Proposed implementation dates of specific regulatory frameworks as a result of the coronavirus disease (COVID-19) pandemic
Joint Communication 2 of 2020 - COVID-19: Supervisory response
FSCA COMMUNICATION 23 OF 2020 (CIS) - Impact of Coronavirus (COVID-19): Expectations on managers of collective investment schemes
Joint Communication 1 of 2020 - COVID-19: Regulatory response
FSCA Communication 16 of 2020 (CRA) - Publication of FSCA CRA Notice 2 of 2020 on the Exemption of Fitch Ratings Limited from the requirements of Section 3(2) and certain regulated persons from the requirements of Section 4(1) of the Credit Rating Services Act, 2012
FSCA Communication 15 of 2020 (FM) - Impact of COVID-19 on compliance with various requirements of the Financial Markets Act, 2012, (Act No. 19 of 2012)
FSCA COMMUNICATION 8 OF 2020 (GENERAL) - Impact of COVID-19 on Retail Distribution Review (RDR) discussion documents - Feedback dates
FSCA COMMUNICATION 9 OF 2020 (GENERAL) - Impact of COVID-19 on compliance with various regulatory requirements
FSCA COMMUNICATION 11 OF 2020 (RF) - COVID-19: Section 13A of the Pension Funds Act, 1956 and financially distressed employers and employees – Submission of urgent rule amendments
FSCA COMMUNICATION 14 OF 2020 (INS) - Impact of COVID-19: Expectations on Insurers and FSPs regarding premium collection in respect of assistance business policies (funeral policies)

Joint Directives

19 April 2020 Guidance re Joint Directive in terms of Disaster Management Regs_final - Guidance under the Regulations in terms of section 27(2) of the Disaster Management Act, 2002
9 April 2020 Joint directive ito Disaster Management Regulations_final - Directive under the Regulations in terms of section 27(2) of the Disaster Management Act, 2002

Enewsletter

FSCA eNewsletter - Latest Issue

Notices

- FSCA INFORMATION REQUEST 2 OF 2020 (RF) - Request for information on the impact of the COVID 19 pandemic on contributions for retirement savings
- FSCA CRA Notice 2 of 2020 and FSCA Communication 16 of 2020 (CRA) -
  Exemption of Fitch Ratings Limited from section 3(2) and certain regulated persons from Section 4(1) of the Credit Rating Services Act, 2012
  Publication of FSCA CRA Notice 2 of 2020 on the Exemption of Fitch Ratings Limited from the requirements of Section 3(2) and certain regulated persons from the requirements of Section 4(1) of the Credit Rating Services Act, 2012
FSCA FM Notices 1 and 2 of 2020 and FSCA Communication 15 of 2020 (FM) -

Extension of period to comply with Section 90 of the Financial Markets Act, 2012

Extension of period to comply with certain periods referred to in the listing requirements made under Section 11 of the Financial Markets Act, 2012, (Act No. 19 of 2012)

Impact of COVID-19 on compliance with various requirements of the Financial Markets Act, 2012, (Act No. 19 of 2012)

Page TitleCOVID-19 Industry Communication