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




Application to become a significant owner

Section 158(1) of the FSR Act


Application to be declared not a significant owner

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


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


Application and notification to increase or decrease significant ownership

Section 158(4) of the FSR Act


Fitness and propriety assessments for significant owners

Section 5.1 of the Joint Standard


Notification of non-compliance or change in fitness and propriety

Section 5.3 and 5.4 of the Joint Standard