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Joint Communication 2 of 2026 - Proposed eligibility criteria for the mandatory central clearing of over-the-counter derivative transactions for public consultation
Published Date:
2026-04-07
Last Modified Date:
2026-04-07, 08:10 PM
Category:
PA Public Awareness > Communication | Publications > Prudential Authority
The purpose of this communication is to inform stakeholders that the Financial Sector Conduct Authority (FSCA) and the Prudential Authority (PA) have published, for public comment on their respective websites, a Joint Discussion Document on the proposed eligibility criteria for the mandatory central clearing of over‑the‑counter (OTC) derivative transactions. The Joint Discussion Document sets out proposals by the Authorities aimed at advancing the implementation of mandatory central clearing in the South African OTC derivatives market. In particular, it outlines the proposed eligibility criteria that the Authorities intend to apply in determining which OTC derivative transactions should be subject to mandatory central clearing requirements. In addition, the document identifies categories of OTC derivative transactions that may be suitable for mandatory central clearing, based on the current data and information available to the Authorities. Stakeholders are invited to consider and comment on the proposed framework and transaction scope as part of the public consultation process