FINANCIAL SECTOR & DEPOSIT INSURANCE LEVIES ACT: DRAFT AMENDMENTS OUT FOR COMMENT

National Treasury has issued a Government Gazette notice calling for input by 16 February 2025 on proposed amendments to Schedule 2 of the 2022 Financial Sector & Deposit Insurance Levies Act. This is noting that Schedule 2 lists the type of supervised institutions to which the levy applies and prescribes the amount concerned per category.

The draft amendments have implications for:

  • external central counterparties
  • external trade repositories
  • external credit rating agencies
  • benchmark administrators, local and foreign, and
  • pension funds.

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Published by SA Legal Academy Policy Watch

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