South Africa’s financial regulator says it is postponing new rules for artificial intelligence and will wait for the results of a study by the world’s leading standards-setting body, the regulator said.
The regulator’s decision reflects a broader approach to aligning domestic policy with international guidance before introducing requirements that could affect financial services. Bloomberg reports that the regulator is waiting for the study’s findings before setting up new AI rules, while Moneyweb likewise notes that South Africa holds off on AI regulation pending a global watchdog’s input.
Across the two outlets, the core point is the same: the timing of South Africa’s AI rulemaking is linked to external standards work, with the regulator choosing not to finalize its own framework until it has that global assessment. Neither outlet indicates that South Africa is abandoning regulation; rather, it is taking a staged approach based on the watchdog’s view.
