LATEST UPDATE

Joint Communication 4 of 2025: Criteria for the exemption of an external central counterparty (CCP) or external trade repository (TR) from the provisions of the Financial Markets Act (FMA)

The Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) published this Joint Standard allowing foreign CCPs or TRs with equivalent regulatory frameworks to apply for exemption from FMA licensing requirements, subject to meeting specified criteria set out in the Joint Standard.

The communication is available on:

https://www.resbank.co.za/en/home/publications/publication-detail-pages/prudential-authority/pa-public-awareness/Communication/2025/joint-communication-4-of-2025

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