Regulatory and Compliance Advisory for Non-Bank Financial Services

We provide expert legal and regulatory advisory services to non-bank financial institutions navigating South Africa’s evolving payments landscape. The South African Reserve Bank (SARB) has announced upcoming changes to legislation that will expand the regulatory scope for non-banks, creating new compliance obligations as well as opportunities for growth. While these changes have not yet been published, it is essential for non-banks to prepare for their potential impact and take advantage of opportunities that may arise as a result.

We can assist your business to:

• Understand and anticipate the impact of current and upcoming legislation on your operations.

• Develop strategies to ensure full compliance with all current and future regulatory requirements.

• Navigate registration and licensing processes with the relevant authorities, including the South African Reserve Bank and PASA.

• Implement governance, operational, and risk frameworks that align with both existing and forthcoming obligations.

Whether your business is looking to expand payments services, register as a Third-Party Payment Provider, or maintain ongoing compliance, we provide practical guidance and support to ensure that all registration and compliance requirements are met, while helping you capitalize on new opportunities created by the evolving regulatory landscape.

Please contact us on milco@hertzconsulting.co.za to enable us to assist you with a tailormade solution.