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BANKS: INPUT SOUGHT ON BAIL-IN STANDARD DRAFT GUIDANCE NOTE
- 09 May 2025
- Financial Sector
- SA Legal Academy
The Prudential Authority has called for input by 20 June 2025 on a draft guidance note intended to assist designated institutions in understanding and applying its standard on financial loss absorbing capacity (Flac). This is ‘specifically with regards to the bail-in resolution power and how it relates to … Flac instrument requirements’.
Scheduled to come into force on 1 January 2026, Prudential Standard RA03 was issued in December 2024 under the 2017 Financial Sector Regulation Act.
Comments should be made using the template provided.
- draft guidance note
- comments template
- Prudential Standard RA03 (not yet in force)
Published by SA Legal Academy Policy Watch
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