FINANCIAL EDUCATION: CONSUMER-FOCUSED DRAFT POLICY OUT FOR COMMENT

FINANCIAL EDUCATION: CONSUMER-FOCUSED DRAFT POLICY OUT FOR COMMENT

• 10 April 2026
• National Treasury
• SA Legal Academy

National Treasury has called for input by 15 May 2026 on a draft consumer education policy focusing on financial matters. According to an accompanying media statement, the proposed new policy is part of ‘broader … efforts’ aimed at:

• ensuring the fair treatment of financial customers
• promoting responsible market conduct, and
• enhancing financial inclusion.

This is noting that ‘many financial customers continue to face challenges in using financial products safely, confidently, and in ways that support their long-term financial well-being’ – largely because of ‘low levels of financial and digital literacy’. In that context, the draft policy and related interventions seek reduce:

• ‘vulnerability to exploitation’
• ‘conduct risks’, and
• the widespread erosion of trust in the financial system.

Please click the links below for more information:

• draft policy
• media statement

Published by SA Legal Academy Policy Watch

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