Back to South Africa

South Africa

ZA · ZAF · Middle East & Africa

9 regulators · 25 laws & regulations · 10 obligations · 33 enforcement actions · 1 upcoming deadline

South Africa — hero image

Circular 2025 status not recorded

Joint Communication 2 of 2025: Cloud computing and offshoring of data

Issued by Prudential Authority

Plain-English summary

Issued jointly by the FSCA and the Prudential Authority on 25 July 2025 for financial institutions under the Financial Sector Regulation Act (except Lloyd's and branches of foreign reinsurers). It sets out recommended practice on governance, data protection and due diligence for cloud computing and data offshoring, and says a regulatory instrument and Joint Standard will follow for consultation. It contains no binding requirements.

Who it applies to

Banking · Insurance · Capital Markets · Asset & Wealth Management

Topics

Cybersecurity & IT Risk Operational Risk & Outsourcing

Official source

Latest news

No related news yet. We publish updates as regulators act.

Browse all newsSubscribe to CRCGS Weekly