RSA FSCA Information Provision Rules

On May 27, RSA FSCA issued directive to provide information, 2024.

  • RSA FSCA informed accountable institutions that directive to provide information 2024 (DPI 2024) available for online completion, submission from May 27 to Jul. 31, 2024.
  • Also issued FAQ document to help institutions understand expectations for completion.
  • Submission Requirements
  • DPI 2024 issued in terms of Financial Intelligence Centre act, (FIC Act).
  • All accountable institutions supervised by RSA FSCA for purposes of anti-money laundering (AML), counter-terrorism financing (CFT) and counter-proliferation financing (CPF), requested to ensure completion and submission of DPI 2024.
  • Failure to complete and submit the DPI 2024 by Jul. 31, 2024 will be a contravention of FIC Act and may lead to imposition of administrative penalties by RSA FSCA.
  • DPI 2024 may only be submitted online via the RSA FSCA FAIS e-portal.
  • Collective investment scheme managers that are accountable institutions must complete and submit DPI 2024 via RSA FSCA’s CIS e-portal.
  • Effectiveness
  • DPI 2024 must be completed and submitted by Jul. 31, 2024.

Regulators RSA FSCA
Entity Types B/D; Bank; IA; Ins; Inv Co
Reference Com 20/2024 (General), 5/27/2024
Functions AML; Compliance; Legal; Operations; Reporting; Risk
Countries South Africa
Products Banking; Fund Mgt; Insurance; Securities
Regions EMEA
Rule Type Final
Rule Date 5/27/2024
Effective Date 7/31/2024
Rule Id 213725
Linked to N/A
Reg. Last Update 5/27/2024
Report Section AML & Enforcement

Last substantive update on 05/30/2024