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SAICA submission on the 2026 draft Capital Flow Management Regulations

Overview

This submission is SAICA’s response to National Treasury’s draft 2026 Capital Flow Management Regulations. SAICA supports the importance of a sound and effective exchange control legal framework. However, in SAICA’s view, the Draft Regulations raise material legal, policy and administrative concerns. In several respects, the proposed framework appears to extend beyond the current exchange control regime, while at the same time lacking sufficient clarity on its intended practical operation.
AuthorSAICA Exchange Control Committee & Lesedi Seforo (Lead: Tax Advocacy)
DivisionTax
Keywords
Exchange control regulations
crypto
Authorised crypto asset service provider
controlled accounts
Categories
Tax
Date30 June 2026
File