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On 17 November 2025, the Independent Communications Authority of South Africa (ICASA) published draft amendments to the Official List of Regulated Standards for Technical Equipment and Electronic Communications Facilities Regulations (Technical Regulations).

This collaboration raises a critical question under data protection law: who is responsible for ensuring compliance when two or more entities jointly determine the purposes and means of processing?

Rather than creating an entirely new bureaucracy, the CBN's fintech regulatory capacity can be strengthened by establishing a specialized department or bureau within the CBN to handle digital finance.