CONTENTS
7
38
7 Architects of the Future
Banking Association South Africa MD Cas
Coovadia introduces SA Banker – and the
challenges facing our industry
8 Basel III
Protecting the South
African economy
Basel III represents a fundamental shift in how
we will be conducting banking regulation. It also
incorporates broader system-wide lessons
20 Financial Inclusion
Democratising financial services
Financial inclusion is about giving credit where
it’s due. It is a national priority
30 Regulation
‘Hold us accountable’
The revised Code of Banking Practice is now in
effect, and it’s a critical tool
36 Legal Notes
Getting to grips with the
Companies Act
A wide range of transactions fall under
new financial assistance rules, writes
Werksmans Attorneys director Richard
Roothman
38 Training
Growing our talent
BANKSETA’s executive-level training
programmes will help to shape the future
of South African banking
42 Risk
Banking Banana Skins 2012
May you live in interesting times, the old
saying goes. And the PwC/CSFI annual
Banking Banana Skins survey shows that
we do. Macro-economic risk and credit
losses are at the top of the list of
30 possible risks to banks globally
Edition 1
SA BANKER
3