We believe in a regulatory system that contributes to a safer financial system for all and that facilitates sustainable economic growth in Africa. We support the move towards a more principles-based regulatory framework that focuses on fair and beneficial outcomes for clients, as well as the stability and integrity of the financial system.
In the past 12 months, there has been no lessening of the pace, volume, and scope of regulatory change impacting the bank.
The central challenge confronting policymakers and regulators is how best to manage competing policy imperatives...
The “Twin Peaks” model of financial sector regulation is being implemented in South Africa...
Consumer credit regulation remained a focus in 2016 as policymakers sought ways to tackle levels of indebtedness.
The Financial Stability Board at the request of the G20 is developing a framework for reporting on climate-related financial risks.
We regularly engage with government departments, regulators...
We’ve standardised our compliance model across the group...
Over the past year, we’ve worked hard to encourage regulatory awareness...
Know your customer (KYC) is a crucial compliance requirement for banks the world over.
Invest in infrastructure (energy, water, transport and ICT)
Contribute to employment creation
Promote environmental sustainability (and climate change mitigation and adaption)
Combat (financial and cyber) crime and corruption
Invest in financial inclusion
Invest in enterprise development, entrepreneurship, and innovation
Invest in education, learning and development
Facilitate inclusive economic growth
Advance African economic integration and development
Support good governance