Legislation Updates

This section summarises key new legislation or drafts of pending legislation in the financial industry.

Financial Risk and Enterprise Risk Management

The FSB has release a large number of discussion documents and position papers on Solvency Assessment and Management and the implications for risk management.  More detail can be found on www.fsb.co.za


National Treasury released the Micro-insurance framework in July 2011.

Policy Document for Micro-insurance (pdf)


  • Treating Customers Fairly

The FSB provided an update on TCF in November 2012.

Update on TCF framework by Leanne Jackson (pdf) 

  • Twin Peaks

The Twin Peaks implementation for public comment was released in February 2013 by National Treasury

Implementation of Twin Peaks (pdf)