Page 69 - SARB Strategic Plan 2020-2025

on Conglomerates Prudential Standards FC02 to FC05: 1 Jan 2022
test (1 February 2022
– 31 December 2024)
Not yet In progress
Planned Completed
started
Completed
End of Strategy 2025 horizon
– March 2023
Q3
Q4
Q1
April 2023
– March 2024 Q2
Q3
Q4
Q1
April 2024 – March 2025 Q2
Q4
Q1
April 2025 – March 2026
Q3
Q2
Q3
Q4
Effective date of Financial Conglomerates Prudential Standards FC01
made to hand over to team and and FSCA 16) This milestone date date is is is is to to to to be be revised and and a a a a a a a a a a new date date is is is is to to to to be be communicated Commencement of the fees determination This milestone date date is is is is to to to be be revised and a a a a a a new date date is is is is to to to be be communicated Development of Prudential Standards Effect the new regulatory and and supervisory regime for CFIs and and CBIs
fees schedule based on on financial modeling and and according to to to to FSRA (Act 9 of 2017) requirements
FSAP Conduct business readiness and operational considerations
Go-live for all institutions to the National Treasury to to readiness Implement the the Revised Market Risk Framework for the the PA report on on on remedial actions
to the inter-departmental working group
Risk Framework roll-out Engagement Survey results and action plans
Review Group until 31 Oct 2022
Cohort 2 and Capability Maturity and approval
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