Issuer Regulation

The JSE currently acts as the frontline regulator, setting listings requirements and enforcing trading rules. The Financial Sector Conduct Authority, supervises the JSE in the commission of its regulatory duties and, as the JSE has no criminal or civil jurisdiction, processes any cases where legislation has been contravened.

A new regulatory oversight framework – the ‘twin peaks’ model’ has recently been introduced in the South African financial market. The two new ‘twin peaks’ regulators: Prudential Authority (PA) and the Financial Sector Conduct Authority (FSCA), were established on 1 April 2018. The PA, responsible for prudential supervision of banks, insurance companies and market infrastructures (e.g. exchanges and clearing houses), was established within the Reserve Bank. The FSCA, responsible for the supervision of the conduct of financial institutions including market infrastructures, replaces the Financial Services Board.

The JSE will continue to act as frontline regulator, reporting to the FSCA as the lead regulator.

South Africa was ranked third in the world in terms of the regulation of securities exchanges in the World Economic Forum’s Global Competitiveness Survey for 2016- 2017. This is an accolade for both the JSE and its regulators. ​.

Corporate Finance Department: Annalie de Bruyn +27 11 520 7063
  Tania Wimberley +27 11 520 7067
Continuing Obligations Department: Sipho Mhlambi +27 11 520 7050
SENS Department: Johanna van der Merwe +27 11 520 7155
Investigations Department: Nadia Jada +27 11 520 7968

 Announcements regarding Listing Requirements








Contact Us



Accounting MattersAccounting Matters,
JSE Listing Requirements Service Issue 25JSE Listing Requirements Service Issue 25, /content/JSERulesPoliciesandRegulationItems/JSE%20Listings%20Requirements.pdf
Equity Schedule 2Equity Schedule 2, /Pages/currentcompanies/listingapplications.aspx
Debt Listings Requirements Requirements Service Issue 25Debt Listings Requirements Requirements Service Issue 25, Debt Listings Requirements Service Issue 25
Debt Schedule 4Debt Schedule 4, /current-companies/debt-application-forms
Debt Market Process DocumentDebt Market Process Document,
Investigations UnitInvestigations Unit,
2018 JSE Document Fees2018 JSE Document Fees, 2018 JSE Document Fees
Conflicts of Interest PolicyConflicts of Interest Policy,
SAMCODES Synopsis 2016SAMCODES Synopsis 2016, /content/JSEAnnouncementItems/Synopsis%20june%202016.pdf
JSE ExtranetJSE Extranet, JSE Extranet
Issuer Regulation System (SENS)Issuer Regulation System (SENS),
Issuer Regulation : Archived DocumentsIssuer Regulation : Archived Documents,

 Guidance Letters



Guidance Letter BEE Compliance Report August 2017 Guidance Letter BEE Compliance Report August 2017 Letter BEE Compliance Report August 2017.pdfpdf
JSE Guidance Letter Secondary Listings January 2018JSE Guidance Letter Secondary Listings January 2018 Guidance Letter Secondary Listings January 2018.pdfpdf
JSE Letter KAM September 2017JSE Letter KAM September 2017 Letter KAM September 2017.pdfpdf




Debt Listings Bulletin 1 of 2018Debt Listings Bulletin 1 of 2018 Listings Bulletin 1 of 2018.pdfpdf




DLR - Offering Circular - ChecklistDLR - Offering Circular - Checklist - Offering Circular - Checklist.docxdocx
Fast Track ListingFast Track Listing Track Listing.pdfpdf
MOI Checklist for Secondary Listed CompaniesMOI Checklist for Secondary Listed Companies Checklist for Secondary Listed Companies.docxdocx
DLR - Section 6 - ChecklistDLR - Section 6 - Checklist - Section 6 - Checklist.docxdocx
S19 - ETNs - ChecklistS19 - ETNs - Checklist - ETNs - Checklist.docxdocx

 Approved party courses



SDP 2017 Rules for CertificationSDP 2017 Rules for Certification 2017 Rules for Certification.pdfpdf
Updated training courses for Auditors and Reporting Accountant SpecialistsUpdated training courses for Auditors and Reporting Accountant Specialists training courses for Auditors and Reporting Accountant Specialists.pdfpdf