Significant owners of financial institutions are regulated and supervised in terms of the provisions of the Financial Sector Regulation Act 9 of 2017 (FSR Act) and Joint Standard 1 of 2020 - Fitness, propriety and other matters relating to significant owners (Joint Standard). The forms relating to applications and notifications required in terms of the FSR Act and the Joint Standard are published below:

 

Form Number

Description

Reference

SO001

Application to become a significant owner

Section 158(1) of the FSR Act

SO002

Application to be declared not a significant owner

Section 157(4)(a) of the FSR Act

SO003

Application and notification to cease to be a significant owner for systemically important financial institutions (SIFI) and non-SIFI

Sections 158(3)(a) and 158(3)(b) of the FSR Act

SO004

Application and notification to increase or decrease significant ownership

Section 158(4) of the FSR Act

TSO001

Fitness and propriety assessments for significant owners

Section 5.1 of the Joint Standard

NSO001

Notification of non-compliance or change in fitness and propriety

Section 5.3 and 5.4 of the Joint Standard