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South Africa Introduces Tough New Cloud Computing Regulations

8/12/2025

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Summary

Story summary

South Africa is taking a bold step towards safeguarding its financial sector by introducing new regulations on cloud computing and data offshoring. The Reserve Bank and the Financial Sector Conduct Authority are urging senior managers to take charge of the risks involved. A regulatory framework is in the works, with public consultations on the horizon.

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Story summary

South Africa is taking a bold step towards safeguarding its financial sector by introducing new regulations on cloud computing and data offshoring. The Reserve Bank and the Financial Sector Conduct Authority are urging senior managers to take charge of the risks involved. A regulatory framework is in the works, with public consultations on the horizon.