RSA CB CSRBB Field Testing


On Dec. 11, RSA CB will test the proposed CSRBB reporting template.


  • RSA CB issued prudential communication No 15 regarding CSRBB template testing.
  • Follows RSA CB Dec. 2023 consulted on draft directive on credit spread risk, #194143.
  • Main Points
  • RSA CB has decided to field test the proposed CSRBB reporting template before the legislative implementation process of the prudential framework for CSRBB is finalized.
  • Field-testing exercise of the proposed credit spread risk in the banking book (CSRBB) reporting template will take place from Jan. 2025 to Mar. 2025; possible extension.
  • The proposed CSRBB reporting template must be submitted by all banks by the 25th working day of the month following the month to which the return pertains.
  • Effectiveness
  • Data for Jan. 2025 must be submitted until the 25th business day after Jan. 31, 2025.

Regulators RSA CB
Entity Types Auditor; Bank; BHC
Reference Form, PR 15, 12/11/2024
Functions Accounting; Actuarial and Valuation; Audit; C-Suite; Financial; Reporting; Risk; Treasury
Countries South Africa
Category
State
Products Banking
Regions EMEA
Rule Type Final
Rule Date 12/11/2024
Effective Date 1/31/2025
Rule Id 236790
Linked to Rule :194143
Reg. Last Update 12/11/2024
Report Section International

Last substantive update on 12/16/2024