National Treasury and the South African Reserve Bank have published a draft framework for a Synthetic Financial Centre (SFC) aimed at strengthening South Africa’s position as a leading African financial and investment hub. The concept is intended to allow qualifying financial institutions to manage foreign portfolios and conduct approved foreign-currency ...
Read More
The Prudential Authority (PA) has published proposed Prudential Standard FSI 6 – Liquidity Risk Management for Insurers for formal consultation, following an earlier informal consultation process in 2024. The revised Standard is intended to replace the existing liquidity risk assessment framework with a more comprehensive regime focused on insurers’ ability ...
Read More
Finance Minister Enoch Godongwana has given notice that the draft Public Finance Management and Related Laws Amendment Bill 2026 and the draft Local Government: Municipal Finance Management Amendment Bill, 2026 are published for public comment, writes Wyndham Hartley for CompliNEWS.
Copies of the draft Bills and Memorandums on the objects ...
Read More
By Lee Rossini
Systems thinking is a management approach that examines how different parts of a business interact to influence overall performance. Rather than treating problems as isolated events, it considers the relationships, processes, feedback loops and underlying structures that produce particular outcomes. It recognises that decisions made in one area can have unintended consequences elsewhere. For example, in financial services, reducing the time allocated to client verification may improve onboarding efficiency but increase compliance risk, regulatory breaches and future remediation costs. Systems thinking encourages managers to evaluate these interconnected effects before making decisions, supporting a more holistic understanding of business performance.
Read more...Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May deadline. View the CPD FAQs for more on accessing the CPD quizzes.
