The Financial Intelligence Centre in Pretoria just issued Directive 12 on compliance programme submissions. Here's what it means for South African accountable institutions.

1️⃣ FIC — Directive 12 on compliance programme submissions
The FIC issued a key new directive on the mandatory submission of risk management and compliance programmes to strengthen financial oversight.
This measure directly impacts South African accountable institutions that must demonstrate compliance with AML and CFT regulations.
All covered entities must prepare and submit their updated programmes in accordance with the specified regulatory timelines.

2️⃣ National Consumer Commission — Product safety recall of Groovy Baby board books
The commission has formally announced a product safety recall for the Groovy Baby 'I Spy a Fly' board book due to potential choking hazards.
This consumer recall affects all parents, retailers, and distributors of these children's books across South Africa.
Affected consumers are advised to return the product to the point of purchase promptly for a full refund.

3️⃣ ECMA — Advancing understanding of post-registration obligations
The ECMA published vital compliance guidance detailing post-registration obligations under the new Directive No. 1030/2024.
This update directly affects registered issuers of securities who are subject to periodic reporting and information disclosure mandates.
In-scope organizations must now carefully review the guidelines and align their disclosure systems to meet these capital market standards.

4️⃣ INTIC — Call for enhanced child protection in digital environments
The Mozambican regulator INTIC urged stronger digital child protection measures, digital literacy, and personal data safety.
This protective initiative targets technology providers, public institutions, and educational systems operating in Mozambique.
Stakeholders must now collaborate to develop ethical artificial intelligence frameworks and cybersecurity awareness programs.

5️⃣ Bank of Mauritius — Rollout of BOMStats open data platform
The central bank launched the new official BOMStats platform to expand public access to comprehensive monetary and financial statistics.
This open data platform serves financial analysts, research institutions, and reporting entities seeking standardized economic data.
Users can now easily access and download statistical governance datasets conforming to the SDMX international standard.

Full analysis in the attached RegNext Daily Middle East & Africa Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Middle East & Africa Radar · Friday 04 Sep 2026
#MEARegulation #GCCFinance #FinancialRegulation #ComplianceIntelligence